Beazer Homes buys $115.5 million of senior notes for $58.2 million

By Devika Patel

Knoxville, Tenn., Aug. 6 - Beazer Homes USA, Inc. said it repurchased and retired $115.5 million of its senior notes for $58.2 million in the second quarter.

The notes were bought back at an average price of 50.4, plus interest, in open-market transactions.

These repurchases resulted in a $55.2 million gain on the extinguishment of debt.

Beazer Homes is an Atlanta-based single-family homebuilder.

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