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Published on 11/8/2010 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Beazer Homes to redeem its $164.5 million 6½ senior notes due 2013

By Melissa Kory

Cleveland, Nov. 8 - Beazer Homes USA, Inc. will redeem its outstanding 6½% senior notes due 2013 following the completion of its offering of new senior notes commenced Monday, according to an 8-K filing with the Securities and Exchange Commission.

As of Nov. 1, $164.5 million of the notes were outstanding.

The redemption date has not yet been set.

Beazer is an Atlanta-based builder of single-family homes.


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