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

By Devika Patel

Knoxville, Tenn., Sept. 9 – Toll Brothers Finance Corp. expects to sell fixed-rate senior notes due 2029, according to a 424B5 filed with the Securities and Exchange Commission.

The notes are guaranteed by Toll Brothers, Inc. and some of its subsidiaries.

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

BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Mizuho Securities USA Inc., PNC Capital Markets LLC, SunTrust Robinson Humphrey Inc., Wells Fargo Securities LLC and SMBC Nikko Securities America Inc. are the bookrunners.

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.