The company plans to issue senior unsecured notes due in 2020 that total in aggregate principal amount about $300 million.
It also plans to issue senior unsecured notes due in 2025 totaling $400 million in aggregate principal.
D.R. Horton plans to use the proceeds for general corporate purposes and offer both transactions under its currently effective shelf registration.
Acting as join book-running managers in the transaction are JPMorgan, Citigroup, Deutsche Bank, RBS, UBS and Wells Fargo.