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5.750% Senior Notes due 2032
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Taylor Morrison Prices 5.750% Senior Notes Offering
Prnewswire· 2025-11-03 22:11
Core Viewpoint - Taylor Morrison Home Corporation announced the pricing of $525 million senior notes due 2032, with the offering expected to close on November 10, 2025 [1][2]. Group 1: Senior Notes Offering - The senior notes will have an interest rate of 5.750% per annum, payable semi-annually starting May 15, 2026 [2]. - The proceeds from the notes offering will be used to purchase and redeem existing senior notes, including 5.875% Senior Notes due 2027 and 6.625% Senior Notes due 2027 [3]. - The senior notes will be unsecured and guaranteed by the same subsidiaries that guarantee the issuer's existing senior unsecured notes [4]. Group 2: Regulatory and Offering Details - The senior notes and related guarantees will not be registered under the Securities Act and will be sold only to qualified institutional buyers [5]. - This announcement does not constitute an offer to sell or solicit offers to buy the senior notes [6]. Group 3: Company Background - Taylor Morrison is a leading homebuilder and developer in the U.S., recognized as America's Most Trusted® Builder from 2016 to 2025 [9].