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Centex to redeem $195.85 million 7 7/8%, 7½% senior notes on Dec. 15
By Melissa Kory
Cleveland, Dec. 14 - Centex Corp. announced that it will redeem its $85,595,000 of 7 7/8% senior notes due Feb. 1, 2011 and its $110,262,000 of 7 ½% senior notes due Jan. 15, 2012 on Dec. 15.
The 7 7/8% notes will be redeemed at 100.94% plus accrued interest to the redemption date.
The 7 ½% notes will be redeemed at 107.31% plus accrued interest to the redemption date.
U.S. Bank NA is the redemption agent.
Centex is a subsidiary of PulteGroup, Inc., a Bloomfield Hills, Mich.-based homebuilder.
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