E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/17/2018 in the Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Toll Brothers to sell 10-year senior notes via five bookrunners

By Devika Patel

Knoxville, Tenn., Jan. 17 – Toll Brothers Finance Corp. expects to sell fixed-rate senior notes due 2028, according to a 424B5 filed with the Securities and Exchange Commission.

The notes are guaranteed by Toll Brothers, Inc.

The notes feature a make-whole call and then a par call.

Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Mizuho Securities USA Inc., SunTrust Robinson Humphrey Inc. and Wells Fargo Securities LLC are the bookrunners. PNC Capital Markets LLC is a lead manager.

Proceeds will be used for general corporate purposes, including debt repayment.

Toll Brothers is a Horsham, Pa.-based real estate company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.