Meritage Homes Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

SENIOR NOTES, NET (Tables)

SENIOR NOTES, NET (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Senior and Convertible Senior Notes

Senior notes, net consist of the following (in thousands):


	At December 31,
	2023		2022

6.00% senior notes due 2025. At December 31, 2023 and 2022 there was approximately $994 and $1,977 in net unamortized premium, respectively.	250,994		401,977
5.125% senior notes due 2027	300,000		300,000
3.875% senior notes due 2029	450,000		450,000
Net debt issuance costs	(6,305)		(8,387)
Total	$	994,689	$	1,143,590

Schedule of Principal Maturities of Senior and Senior Convertible Notes

Scheduled principal maturities of our senior notes as of December 31, 2023 follow (in thousands):


Year Ended December 31,
2024	—
2025	250,000
2026	—
2027	300,000
2028	—
Thereafter	450,000
Total	$	1,000,000

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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