Century Communities to repay revolver debt via new notes offering

By Tali Rackner

Norfolk, Va., April 28 - Century Communities, Inc. said it intends to repay all outstanding debt under its existing revolving credit facility with the proceeds from a notes offering, according to a press release.

Proceeds will also be used for the acquisition and development of land and for general corporate purposes.

Greenwood Village, Colo.-based Century Communities is a builder of upscale single-family homes, townhomes and flats.

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