debt
confidence high
sentiment neutral
materiality 0.45
Beazer to redeem $350M 7.250% 2029 notes Oct 20, contingent on Dream Finders merger closing
BEAZER HOMES USA INC
- Conditional notice of redemption covers the full $350.0 million outstanding principal of Beazer's 7.250% Senior Notes due 2029.
- Redemption price is 101.208% of principal plus accrued and unpaid interest to the October 20, 2026 redemption date.
- Redemption is conditioned on the substantially concurrent consummation of the previously announced Dream Finders merger and receipt of funds sufficient to pay the redemption price.
- Merger agreement dated August 6, 2026 among Dream Finders Homes, Bulldogs Merger Sub Inc. and Beazer; Beazer would survive as a wholly owned Dream Finders subsidiary.
- Beazer filed its definitive proxy statement with the SEC on September 15, 2026 and began mailing it to stockholders on or about that date.