Beazer Homes Prices $300 Million 8-Year Notes Yld 9.125%
05 5월 2010 - 5:19AM
Dow Jones News
Beazer Homes (BZH) priced $300 million of notes through lead
bookrunners Credit Suisse and Citigroup, according to a person
familiar with the deal. Terms were as follows:
Amount: $300 million
Maturity: June 15, 2018
Coupon: 9.125%
Issue Price: Par
Yield: 9.125%
Spread: 585 basis points over Treasurys
Settlement: May 20, 2010 (T+12)
Call: Callable prior to first call date at make-whole call of T+0.5%
Ratings: NA
-By Katherine Greene, Dow Jones Newswires; 212-416-2984;
katherine.greene@dowjones.com
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