Beazer Homes USA (BZH) said Monday that it plans to launch a private offering of $400 million worth of senior unsecured notes due 2032.
The company said it will use the net proceeds to pay for the redemption of its 5.875% senior notes due 2027, of which $357.3 million is currently outstanding and will mature Oct. 15, 2027. Any remaining proceeds will be used for general corporate purposes.
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