Beazer Homes Announces Closing of Offering of $400M Senior Unsecured Notes Due 2027
Staff Report From Metro Atlanta CEO
Wednesday, October 18th, 2017
Beazer Homes USA, Inc. announced the completion of its previously-announced offering of $400 million aggregate principal amount of 5.875% Senior Unsecured Notes due 2027. The Notes were offered in a private offering that was exempt from the registration requirements of the Securities Act of 1933.
The net proceeds of the offering, together with cash on hand, will be used to repay $225 million of the Company’s 5.75% Senior Notes due 2019 and $175 million of its 7.25% Senior Notes due 2023.
