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Taylor Morrison unit to redeem 5 7/8% notes due 2023 on Oct. 31
By Mary-Katherine Stinson
Lexington, Ky., Sept. 28 – Taylor Morrison Communities, Inc., an indirect wholly-owned subsidiary of Taylor Morrison Home Corp., will fully redeem its 5 7/8% notes due 2023 on Oct. 31, according to an 8-K filing with the Securities and Exchange Commission.
The redemption will be at par plus the applicable premium as defined in the note’s indenture plus accrued interest to the redemption date.
Taylor Morrison is a Scottsdale, Ariz.-based homebuilder.
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