ATLANTA--(BUSINESS WIRE)--Sep. 16, 2013--
Beazer Homes USA, Inc. (NYSE: BZH) (the “Company”) announced today that
it is proposing to issue $200 million aggregate principal amount of
Senior Notes due 2021 (the “Notes”) in a private offering that is exempt
from the registration requirements of the Securities Act of 1933 (the
“Securities Act”).
The Company intends to offer the Notes to qualified institutional buyers
in accordance with Rule 144A or outside the United States in accordance
with Regulation S under the Securities Act. The Company intends to use
the net proceeds from the offering for general corporate purposes,
including potential land acquisitions.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy any of the 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 Notes will
not be registered under the Securities Act or applicable state
securities laws, and are being 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 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 one of the country's ten
largest single-family homebuilders. The Company's homes meet or exceed
the benchmark for energy-efficient home construction as established by
ENERGY STAR® and are designed with flexible floorplan options 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 offers homes in 16 states, including Arizona,
California, Delaware, Florida, Georgia, Indiana, Maryland, Nevada, New
Jersey, New York, North Carolina, Pennsylvania, South Carolina,
Tennessee, Texas and Virginia. Beazer Homes is listed on the New York
Stock Exchange under the ticker symbol “BZH.”
Source: Beazer Homes USA, Inc.
Beazer Homes USA, Inc.
Carey Phelps, 770-829-3700
Director,
Investor Relations & Corporate Communications
investor.relations@beazer.com