Century Communities to repay revolver with proceeds from add-on notes

By Marisa Wong

Morgantown, W.Va., Jan. 23 – Century Communities, Inc. intends to repay outstanding debt under its revolving credit facility using proceeds from an offering of senior notes, according to an 8-K filing with the Securities and Exchange Commission.

On Monday the company launched a $50 million add-on to its previously issued $260 million 6 7/8% senior notes due 2022.

The homebuilder is based in Greenwood Village, Colo.

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