logo
LGI Homes Recognizes Long-Standing Commitment to Volunteerism on Service Impact Day

LGI Homes Recognizes Long-Standing Commitment to Volunteerism on Service Impact Day

Yahoo16-05-2025

LGI Homes Teams Up with Angel Reach to Beautify Transitional Housing During National Service Impact Day
LGI Homes Employees Lend a Hand at Girl Scout Camp Agnes Arnold
LGI Homes Volunteers Support SIRE Therapeutic Horsemanship with Facility Improvements
THE WOODLANDS, Texas, May 16, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is pleased to announce the success of its ninth annual Service Impact Day. Since launching the initiative in 2016, this meaningful day has become a company-wide tradition, during which every LGI Homes team member shifts focus from sales and closings to dedicate their time and resources to supporting local charities through hands-on volunteer work and financial contributions.
'Service Impact Day stands as one of the most meaningful and fulfilling days of the year,' stated Eric Lipar, Chief Executive Officer and Chairman of LGI Homes. 'This day exemplifies how our employees embody LGI's core values by actively giving back to the communities we proudly serve. On Thursday, May 15th, LGI Homes team members contributed more than 8,500 volunteer hours, while collaborating with more than 60 nonprofit and charitable organizations across the country. The dedication and enthusiasm demonstrated by both our employees and community partners are truly inspiring, and they highlight the meaningful difference we can make together.'
Mr. Lipar concluded, 'We extend our heartfelt gratitude to our nonprofit partners for their essential and impactful work - and for allowing us to contribute to their efforts. We are equally proud of our employees, whose generosity, commitment, and community spirit made this year's Service Impact Day a tremendous success.'
Service Impact Day is the hallmark event in the Company's philanthropic initiative, LGI Giving, through which it anticipates donating upwards of $1 million in 2025 to support nonprofit charitable organizations in the communities where it does business.About LGI Giving
Founded in 2016, the LGI Giving initiative was created to allow LGI employees to have a larger impact on the communities in which they serve through volunteering and financial contributions – strengthening local relationships and demonstrating loyalty. Since then, the initiative has grown to support numerous organizations each year. Through this initiative, the Company has contributed over $4 million in corporate, nonprofit sponsorships and donated approximately 50,000 employee service hours in collaboration with dozens of charities and other nonprofit organizations nationwide. During LGI Giving's Annual Service Impact Day, LGI offices across the nation are closed, and every employee donates their time and energy to supporting a nonprofit organization or cause in their community. For more information on LGI Giving, please visit https://www.lgihomes.com/community-involvement.
About LGI Homes, Inc.
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America's fastest growing companies, LGI Homes has closed over 75,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek's list of the World's Most Trustworthy Companies. LGI Homes' commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company's website at www.lgihomes.com.
MEDIA CONTACT:Rachel Eaton(281) 362-8998 ext. 2560
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/3b57ae55-c7e6-4672-99bc-d72958a9c22e
https://www.globenewswire.com/NewsRoom/AttachmentNg/f013e09d-de85-42a0-be51-c10c1e69c4a3
https://www.globenewswire.com/NewsRoom/AttachmentNg/8a3c60a1-ce5e-4070-bbfd-99a1f62984b0

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Hercules Capital Prices Upsized Institutional Notes Offering of $350.0 Million 6.000% Notes due 2030
Hercules Capital Prices Upsized Institutional Notes Offering of $350.0 Million 6.000% Notes due 2030

Business Wire

time24 minutes ago

  • Business Wire

Hercules Capital Prices Upsized Institutional Notes Offering of $350.0 Million 6.000% Notes due 2030

SAN MATEO, Calif.--(BUSINESS WIRE)-- Hercules Capital, Inc. (NYSE: HTGC) ('Hercules' or the 'Company'), today announced that it has priced an upsized underwritten public offering of $350.0 million in aggregate principal amount of 6.000% notes due June 2030 (the 'Notes'). The closing of the transaction is subject to customary closing conditions and the Notes are expected to be delivered and paid for on June 16, 2025. The Notes are unsecured and bear interest at a rate of 6.000% per year, payable semiannually and will mature on June 16, 2030 and may be redeemed in whole or in part at any time or from time to time at the Company's option at par, plus a 'make whole' premium, if applicable. The Company expects to use the net proceeds from this offering to repay outstanding secured indebtedness under the Company's existing financing arrangements. Goldman Sachs & Co. LLC and SMBC Nikko Securities America, Inc. are acting as joint book-running managers of this offering. MUFG Securities Americas Inc., Zions Direct, Inc., RBC Capital Markets, LLC, Synovus Securities, Inc. and Keefe, Bruyette & Woods, A Stifel Company are acting as co-managers. The offering may be made only by means of a preliminary prospectus supplement and an accompanying prospectus. Copies of the preliminary prospectus supplement may be obtained from Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, New York 10282, or email: Prospectus-ny@ or telephone: 1-866-471-2526, or SMBC Nikko Securities America, Inc., 277 Park Avenue, New York, New York 10172, Attention: Debt Capital Markets – Transaction Management, or email: prospectus@ or telephone: 1-212-224-5135. Investors are advised to carefully consider the investment objectives, risks, charges and expenses of the Company before investing. The pricing term sheet dated June 11, 2025, the preliminary prospectus supplement dated June 11, 2025, and the accompanying prospectus dated December 11, 2024, each of which has been filed with the SEC, contain this and other information about the Company and should be read carefully before investing. The information in the pricing term sheet, the preliminary prospectus supplement, the accompanying prospectus and this press release is not complete and may be changed. The pricing term sheet, the preliminary prospectus supplement, the accompanying prospectus and this press release do not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the Notes in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. About Hercules Capital, Inc. Hercules Capital, Inc. (NYSE: HTGC) is the leading and largest specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broad variety of technology and life sciences industries. Since inception (December 2003), Hercules has committed more than $22 billion to over 680 companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing. Companies interested in learning more about financing opportunities should contact info@ or call (650) 289-3060. Hercules, through its wholly owned subsidiary business, Hercules Adviser LLC (the 'Adviser Subsidiary'), also maintains an asset management business through which it manages investments for external parties ('Adviser Funds'). The Adviser Subsidiary is registered as an investment adviser under the Investment Advisers Act of 1940. Hercules' common stock trades on the New York Stock Exchange (NYSE) under the ticker symbol 'HTGC.' In addition, Hercules has one retail bond issuance of 6.25% Notes due 2033 (NYSE: HCXY). Forward-Looking Statements This press release may contain 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. We may use words such as 'anticipates,' 'believes,' 'expects,' 'intends,' 'will,' 'should,' 'may' and similar expressions to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and should not be relied upon in making any investment decision. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations. While we cannot identify all such risks and uncertainties, we urge you to read the risks discussed in our Annual Report on Form 10-K and other materials that we publicly file with the Securities and Exchange Commission. Any forward-looking statements made in this press release are made only as of the date hereof. Hercules assumes no obligation to update any such statements in the future.

Home Depot Targeted in Los Angeles Immigration Raids
Home Depot Targeted in Los Angeles Immigration Raids

Yahoo

time31 minutes ago

  • Yahoo

Home Depot Targeted in Los Angeles Immigration Raids

The Home Depot, Inc. (NYSE:HD) is one of the best Dow stocks to invest in. Recently, the company has become a focal point in the recent federal immigration raids and the protests that followed in Los Angeles. On June 6, federal agents targeted a Home Depot in the Westlake area, along with other sites like Ambiance Apparel in downtown L.A., resulting in dozens of arrests. The arrests near The Home Depot, Inc. (NYSE:HD) involved day laborers hired by the store's customers, such as homeowners and contractors who often rely on undocumented workers for home repairs and construction. A The Home Depot, Inc. (NYSE:HD) spokesperson confirmed that the company was not informed about the raids beforehand and was not involved in the enforcement actions. The Atlanta-based retailer now faces challenges as its stores have become common targets for raids, which may discourage customers. On June 9, Home Depot's shares fell 0.6%, closing at $36.20. While we acknowledge the potential of HD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Sign in to access your portfolio

OFS Credit Company Provides May 2025 Net Asset Value Update
OFS Credit Company Provides May 2025 Net Asset Value Update

Business Wire

time42 minutes ago

  • Business Wire

OFS Credit Company Provides May 2025 Net Asset Value Update

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) ('OFS Credit', the 'Company', 'we', 'us' or 'our'), an investment company that primarily invests in collateralized loan obligation ('CLO') equity and debt securities, today announced the following net asset value ('NAV') estimate at May 31, 2025. Management's unaudited estimate of the range of our NAV per share of our common stock at May 31, 2025 is between $6.23 and $6.33. This estimate is not a comprehensive statement of our financial condition or results for the month ended May 31, 2025. This estimate did not undergo the Company's typical quarter-end financial closing procedures. We advise you that the current estimates of our NAV per share may differ materially from future NAV estimates or determinations, including the determination for the period ending July 31, 2025, which will be reported in our monthly report on Form N-PORT. Our financial condition, including the fair value of our portfolio investments, and results of operations may be materially impacted after May 31, 2025 by circumstances and events that are not yet known. To the extent our portfolio investments are adversely impacted by interest rate and inflation rate changes, the ongoing war between Russia and Ukraine, the agenda of the new U.S. Presidential administration, including the impact of tariff enactment and tax reductions, trade disputes with other countries, instability in the U.S. and international banking systems, the risk of recession or a shutdown of U.S. government services and related market volatility, or by other factors, we may experience a material adverse impact on our future NAV, net investment income, the underlying value of our investments, our financial condition and the financial condition of our portfolio investments. The preliminary financial data included in this press release has been prepared by, and is the responsibility of, OFS Credit's management. KPMG LLP has not audited, reviewed, compiled, or applied agreed-upon procedures with respect to the preliminary financial data. Accordingly, KPMG LLP does not express an opinion or any other form of assurance with respect thereto. About OFS Credit Company, Inc. OFS Credit is a non-diversified, externally managed closed-end management investment company. The Company's primary investment objective is to generate current income, with a secondary objective to generate capital appreciation, which we seek to achieve primarily through investments in CLO equity and debt securities. The Company's investment activities are managed by OFS Capital Management, LLC, an investment adviser registered under the Investment Advisers Act of 1940 1, as amended, and headquartered in Chicago, Illinois with additional offices in New York and Los Angeles. Forward-Looking Statements Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects may constitute forward-looking statements. Forward-looking statements can be identified by terminology such as 'anticipate', 'believe', 'could', 'could increase the likelihood', 'estimate', 'expect', 'intend', 'is planned', 'may', 'should', 'will', 'will enable', 'would be expected', 'look forward', 'may provide', 'would' or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to in documents that may be filed by OFS Credit from time to time with the Securities and Exchange Commission, as well as interest rate and inflation rate changes, the ongoing war between Russia and Ukraine, the agenda of the new U.S. Presidential administration, including the impact of tariff enactment and tax reductions, trade disputes with other countries, instability in the U.S. and international banking systems, the risk of recession or a shutdown of U.S government services and related market volatility on our business, our portfolio companies, our industry and the global economy. As a result of such risks, uncertainties and factors, actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. OFS Credit is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise. 1 Registration does not imply a certain level of skill or training OFS® and OFS Credit® are registered trademarks of Orchard First Source Asset Management, LLC. OFS Capital Management™ is a trademark of Orchard First Source Asset Management, LLC.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store