SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

 

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report: June 2, 2005

 

BEAZER HOMES USA, INC.

(Exact name of registrant as specified in its charter)

 

DELAWARE		001-12822		54-2086934
(State or other jurisdiction		(Commission		(IRS Employer
of incorporation)		File Number)		Identification No.)

 

1000 Abernathy Road, Suite 1200

Atlanta Georgia 30328

(Address of Principal

Executive Offices)

 

(770) 829-3700

(Registrant’s telephone number, including area code)

 

None

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 8.01.  Other Events

 

On June 2, 2005, Beazer Homes USA, Inc. (the “Company”) issued a press release announcing the pricing of its offering of $300,000,000 aggregate principal amount of 6.875% Senior Notes due 2015. The offering will be made to an initial purchaser pursuant to a private placement. A copy of the press release attached hereto as exhibit 99.01.  For additional information, please refer to the exhibit.

 

Item 9.01.  Financial Statements and Exhibits

 

(c)  Exhibits

 

99.01                     Press release issued by Beazer Homes USA, Inc. on June 2, 2005.

 

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SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

	BEAZER HOMES USA, INC.
Date: June 2, 2005	By:	/s/ James O’Leary
	James O’Leary
	Executive Vice President and Chief Financial Officer

 

3

Exhibit 99.01

 

 

PRESS RELEASE

FOR IMMEDIATE RELEASE

 

Beazer Homes Announces Pricing of $300 Million Senior Notes Offering

 

ATLANTA, June 2, 2005 - Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) today announced the pricing of its offering of $300,000,000 aggregate principal amount of 6.875% Senior Notes due 2015. The offering will be made to an initial purchaser pursuant to a private placement. The initial purchaser has informed Beazer Homes that they will sell or offer the notes within the United States to qualified institutional buyers in accordance with Rule 144A and outside the United States in accordance with Regulation S under the Securities Act of 1933. A portion of the offering proceeds will be used to repay the Company’s existing $200 million term loan due 2008, with the remainder to be used for general corporate purposes.

 

Beazer Homes USA, Inc., headquartered in Atlanta, is one of the country’s ten largest single-family homebuilders with operations in Arizona, California, Colorado, Delaware, Florida, Georgia, Indiana, Kentucky, Maryland, Mississippi, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia and West Virginia and also provides mortgage origination and title services to its homebuyers.  Beazer Homes, a Fortune 500 company, is listed on the New York Stock Exchange under the ticker symbol “BZH.”

 

This press release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the notes referred to herein in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The notes will not be registered under the Securities Act or applicable state securities laws, and are being offered by the initial purchaser 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.

 

Contact:	Leslie H. Kratcoski
	Vice President, Investor Relations and Corporate Communications
	(770) 829-3764
	lkratcos@beazer.com