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Prospect News home > News index > List of issuers T > Headlines for Taylor Morrison Communities, Inc. > News item
Published on 8/15/2012 in the Prospect News Bank Loan Daily.

Taylor Morrison to pay down loan borrowings with notes proceeds

By Sara Rosenberg and Paul A. Harris

New York, Aug. 15 - Taylor Morrison Communities Inc. plans to repay bank debt and put cash on the balance sheet with proceeds from a $125 million tack-on to its 7¾% senior notes, according to a market source.

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


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