Taylor Morrison to redeem all 5 5/8% notes due 2024 on Sept. 1

By Marisa Wong

Los Angeles, Aug. 2 – Taylor Morrison Home Corp.’s indirect wholly owned subsidiary Taylor Morrison Communities, Inc. issued a notice of full redemption for the entire outstanding principal amount of its 5 5/8% senior notes due 2024, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed on Sept. 1 at par plus an applicable premium and accrued interest to but excluding the redemption date.

Taylor Morrison is a Scottsdale, Ariz.-based homebuilder.

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