ATLANTA--(BUSINESS WIRE)--Sep. 30, 2016--
Beazer Homes USA, Inc. (NYSE: BZH) (the “Company”) announced today the
completion of its previously-announced tack-on offering of an additional
$100 million aggregate principal amount of its 8.750% Senior Notes due
2022 (the “Additional Notes”). The Additional Notes were offered in a
private offering that was exempt from the registration requirements of
the Securities Act of 1933 (the “Securities Act”).
The net proceeds of the offering will be used to redeem all of the
Company’s outstanding 9.125% Senior Notes due 2019.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy any of the Additional Notes, nor does it
constitute an offer, solicitation or sale in any jurisdiction in which
such offer, solicitation or sale is unlawful. The offer and sale of the
Additional Notes will not be registered under the Securities Act or
applicable state securities laws, and the Additional Notes were offered
only to qualified institutional buyers in reliance on Rule 144A under
the Securities Act and outside the United States in accordance with
Regulation S under the Securities Act. Unless so registered, the
Additional Notes cannot be offered or sold in the United States except
pursuant to an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act and applicable state
securities laws.
About Beazer Homes USA, Inc.
Headquartered in Atlanta, Beazer Homes is a geographically
diversified homebuilder with active operations in 13 states within three
geographic regions in the United States. The Company's homes meet or
exceed the benchmark for energy-efficient home construction as
established by ENERGY STAR® and are designed with Choice Plans to meet
the personal preferences and lifestyles of its buyers. In addition, the
Company is committed to providing a range of preferred lender choices to
facilitate transparent competition between lenders and enhanced customer
service. The Company's active operations are in the following states:
Arizona, California, Delaware, Florida, Georgia, Indiana, Maryland,
Nevada, North Carolina, South Carolina, Tennessee, Texas and Virginia.
Beazer Homes is listed on the New York Stock Exchange under the ticker
symbol “BZH.”
View source version on businesswire.com: http://www.businesswire.com/news/home/20160930005628/en/
Source: Beazer Homes USA, Inc.
Beazer Homes USA, Inc.
David I. Goldberg, 770-829-3700
Vice
President of Treasury and Investor Relations
investor.relations@beazer.com