Century Communities conditionally calls 5 7/8% notes due 2025

By Marisa Wong

Los Angeles, Aug. 3 – Century Communities, Inc. plans to redeem all $400 million of its outstanding 5 7/8% senior notes due 2025 using proceeds from an offering of new notes, according to a news release.

The company will redeem the 2025 notes on Sept. 2 at 102.938 plus accrued interest to the redemption date.

The redemption is conditioned on the completion of the new notes offering.

On Tuesday, the Greenwood Village, Co.-based homebuilder announced it launched an offering of senior notes due 2029.

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