Avatar suspends 4.5% convertibles registration statement, prospectus

By Ted A. Knutson

Washington, May 10 - Avatar Holdings said it has notified holders of its $120 million in 4.5% senior convertible notes due 2024 that the registration statement and prospectus are suspended until further notice.

The Coral Gables, Fla.-based Avatar, a real estate development company, made the announcement in an 8-K filing with the Securities and Exchange Commission.

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