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Meritage Homes Corporation

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One of the largest U.S. homebuilders, Meritage builds move-in-ready, energy-efficient homes for first-time and first move-up buyers across a dozen states, pairing them with its own mortgage, title, and insurance services. It started in 1985 in Scottsdale, Arizona, as Monterey Homes and took its current name in 1998 after merging with Legacy Homes. The name blends "merit" and "heritage," much like the winemaking term for a blend of grapes.

1.75% Convertible Senior Notes due 2028