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
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers B > Headlines for Beazer Homes USA, Inc. > News item
Published on 9/10/2019 in the Prospect News High Yield Daily.

Beazer Homes USA on deck with $350 million 10-year senior notes

By Cristal Cody

Tupelo, Miss., Sept. 10 – Beazer Homes USA Inc. is marketing $350 million of 10-year senior notes in a Rule 144A and Regulation S transaction on Tuesday, an informed source said.

Credit Suisse Securities (USA) LLC is the left bookrunner. Joint bookrunners are Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC and BNP Paribas Securities Corp.

The notes are non-callable for five years.

Proceeds will be used along with available cash and a $150 million term loan to fund the company’s tender of $500 million of 8¾% notes due 2022.

Beazer Homes USA is a home construction company based in Atlanta.


© 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.