Toll Brothers calls $100 million 8% senior subordinated notes

By Jennifer Chiou

New York, June 2 - Toll Brothers, Inc. announced Thursday the redemption of its $100 million of 8% senior subordinated notes due 2009 at 102.667% plus accrued interest on June 30.

The company also intends to repay its $222.5 million First Huntingdon Finance Corp. bank term loan facility due 2005 at 100% of principal amount plus accrued interest.

Horsham, Pa.-based Toll Brothers is a luxury home builder.

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