PulteGroup calls $150 million 7 3/8% notes, $95.65 million 5.2% notes

By Susanna Moon

Chicago, Feb. 21 - PulteGroup, Inc. will redeem its $150 million of outstanding 7 3/8% notes due June 1, 2046 and $95,653,000 of outstanding 5.2% notes due Feb. 15, 2015, according to two separate press releases.

The redemption date for each series has been set for March 26.

The company will pay par for the 7 3/8% notes plus accrued interest to the redemption date.

Funding for the offer will come from available cash.

The Bank of New York Mellon Trust Co. is the trustee and paying agent.

PulteGroup is a Bloomfield Hills, Mich.-based homebuilder.

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