Century Communities closes $500M 3.875% senior notes offering, to redeem $400M 5.875% notes due 2025

Century Communities, Inc.

Issued $500M aggregate principal of 3.875% Senior Notes due August 15, 2029, unsecured senior obligations.
Interest payable semi-annually at 3.875% per annum starting February 15, 2022.
Proceeds used to redeem all $400M of outstanding 5.875% Senior Notes due 2025; remaining for general corporate purposes.
Notes are guaranteed on unsecured senior basis by certain domestic subsidiaries.
Change of control trigger requires repurchase at 101% of principal plus accrued interest.

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