debt
confidence high
sentiment neutral
materiality 0.50
Taylor Morrison subsidiaries price $525M 5.750% senior notes due 2032
Taylor Morrison Home Corp
- Taylor Morrison Communities prices $525M of 5.750% senior notes due 2032; closing expected Nov 10.
- Proceeds to purchase/refinance existing 5.875% and 6.625% senior notes due 2027 via concurrent tender offer and redemptions.
- Notes are unsecured, guaranteed by certain subsidiaries; sold to QIBs under Rule 144A/Reg S.
- Interest payable semi-annually from May 15, 2026; price to investors 100% of principal.