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Published on 4/3/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Beazer Homes to redeem 9 1/8% senior notes via new notes offering

By Marisa Wong

Madison, Wis., April 3 - Beazer Homes USA, Inc. plans to redeem its 9 1/8% senior notes due 2018 using cash that will be replenished with proceeds from an offering of senior notes, according to a press release.

The company announced on Thursday that it plans to issue $300 million of five-year Rule 144A and Regulation S notes.

The homebuilder is based in Atlanta.


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