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Hovnanian Enterprises Inc (HOV.N)

HOV.N on New York Stock Exchange

2.56USD
22 Jan 2018
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$0.00 (+0.00%)
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Latest Key Developments (Source: Significant Developments)

Hovnanian Enterprises Says Solus Alternative Asset Management Filed Complaint In U.S. District Court Against Co, Among Others
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Hovnanian Enterprises Inc ::HOVNANIAN ENTERPRISES-ON JAN 11, SOLUS ALTERNATIVE ASSET MANAGEMENT FILED COMPLAINT IN U.S. DISTRICT COURT AGAINST CO AMONG OTHERS - SEC FILING.HOVNANIAN- COMPLAINT RELATES TO K. HOVNANIAN S OFFER TO EXCHANGE $185 MILLION OF ITS 8.0% SENIOR NOTES DUE 2019 FOR CASH AND OTHER SENIOR NOTES.  Full Article

Hovnanian Enterprises Announces Credit Agreement And Refinancing Transaction With GSO Capital Partners
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Hovnanian Enterprises Inc ::HOVNANIAN ENTERPRISES, INC. ANNOUNCES CREDIT AGREEMENT AND REFINANCING TRANSACTION WITH GSO CAPITAL PARTNERS.HOVNANIAN ENTERPRISES - DEAL WITH GSO CAPITAL TO REFINANCE CERTAIN OF CO'S DEBT SECURITIES MATURING IN 2019 & TO BUY $25 MILLION OF CO'S SECURED DEBT SECURITIES.HOVNANIAN ENTERPRISES INC - ‍GSO PARTIES HAVE COMMITTED TO PROVIDE CO WITH NEW $125 MILLION SENIOR SECURED FIRST LIEN REVOLVING CREDIT FACILITY​.HOVNANIAN ENTERPRISES - INTENDS TO USE $75 MILLION OF $125 MILLION REVOLVING CREDIT FACILITY TO REFINANCE ITS CURRENT $75 MILLION FIRST PRIORITY SECURED TERM LOAN.  Full Article

K. Hovnanian Enterprises Announces Exchange Offer And New Financing Transactions
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Hovnanian Enterprises Inc ::K. HOVNANIAN ENTERPRISES, INC. ANNOUNCES EXCHANGE OFFER AND NEW FINANCING TRANSACTIONS.HOVNANIAN ENTERPRISES - UNIT HAS COMMENCED PRIVATE OFFER TO EXCHANGE UP TO $185 MILLION OF ISSUER'S OUTSTANDING 8.000% SENIOR NOTES DUE 2019.HOVNANIAN ENTERPRISES - UNIT TO EXCHANGE SENIOR NOTES DUE 2019 FOR CASH, NEWLY ISSUED SENIOR NOTES.  Full Article

Hovnanian Enterprises says co, unit entered some financing commitments
Friday, 29 Jul 2016 

Hovnanian Enterprises Inc: On July 29, 2016, co, co's unit entered into certain financing commitments - SEC filing .Credit agreement provides for a new $75 million senior secured term loan facility.  Full Article

Hovnanian Enterprises, GTIS Partners announces Homebuilding JV
Wednesday, 29 Jun 2016 

Hovnanian Enterprises Inc [HOV.N]: Says company and GTIS Partners LP, have entered into a joint venture agreement to acquire portfolio of Homebuilding Communities . Approximately $160 million of capital will be invested in joint venture, with co contributing 25% and GTIS Partners providing 75% . Says Hovnanian will manage day-to-day operations of the venture .Hovnanian Enterprises Inc says expects proceeds from home sales to exceed $1.0 billion in revenue.  Full Article

Hovnanian Enterprises reports Q2 loss of $0.06 per share
Thursday, 2 Jun 2016 

Hovnanian Enterprises Inc : Q2 loss per share $0.06 . Total revenues were $654.7 million in Q2 of fiscal 2016, an increase of 39.6% . As of April 30, number of homes in contract backlog, including unconsolidated joint ventures, increased 11.7% to 3,453 homes . Hovnanian Enterprises Inc says consolidated deliveries were 1,598 homes in Q2 of fiscal 2016, a 30.7% increase . Sees FY 2016 revenue $2.7 billion to $2.9 billion . Adjusted EBITDA is expected to be between $200 million and $225 million in FY 2016 . Fy2016 revenue view $2.78 billion -- Thomson Reuters I/B/E/S . Hovnanian Enterprises reports fiscal 2016 second quarter results .Q2 revenue rose 39.6 percent to $654.7 million.  Full Article

BRIEF-Hovnanian Enterprises Says Solus Alternative Asset Management Filed Complaint In U.S. District Court Against Co, Among Others

* HOVNANIAN ENTERPRISES-ON JAN 11, SOLUS ALTERNATIVE ASSET MANAGEMENT FILED COMPLAINT IN U.S. DISTRICT COURT AGAINST CO AMONG OTHERS - SEC FILING