TRI Pointe to pay down revolver debt with senior notes proceeds

By Sara Rosenberg

New York, May 23 – TRI Pointe Group Inc. plans to repay revolving credit facility borrowings using proceeds from a senior notes offering, according to a market source.

Remaining proceeds from the notes will be used for general corporate purposes.

TRI Pointe is an Irvine, Calif.-based homebuilder.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.