KB Home Announces Early Tender Offer Results

KB Home (NYSE: KBH) today announced the expiration of the early tender period for its previously announced cash tender offers for up to $250 million in aggregate principal amount of its 5¾% Senior Notes due 2014 and of its 5⅞% Senior Notes due 2015 and 6¼% Senior Notes due 2015, as of 5:00 p.m., New York City time, on January 31, 2012.

According to Global Bondholder Services Corporation, the depositary and information agent for the tender offers, as of the Early Tender Date, KB Home has received valid tenders in aggregate principal amount of $423.8 million from holders of the 2014/2015 Notes.