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Prospect News home > News index > List of issuers N > Headlines for New Home Co., Inc. > News item
Published on 10/13/2020 in the Prospect News High Yield Daily.

New Home to price $250 million senior notes due 2025

By Rebecca Melvin

New York Oct. 13 – New Home Co., Inc. plans to price a $250 million offering of senior notes due 2025 (B3/B-), subject to market conditions, according to a company news release on Tuesday.

The proceeds will be used, together with cash on hand, to fund the redemption of all of the company’s outstanding 7¼% senior notes due 2022.

The 2025 notes will be offered under Rule 144A and Regulation S.

The homebuilder is based in Aliso Viejo, Calif.


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