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: April 3, 2002 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.) 5775 Peachtree Dunwoody Road, Suite B-200 Atlanta Georgia 30342 (Address of Principal Executive Offices) (404) 250-3420 (Registrant's telephone number, including area code) None (Former name or former address, if changed since last report)
Item 5. Other Events. On April 3, 2002, Beazer Homes USA, Inc. (the "Company") issued the press release attached hereto as exhibit 99.1 and made a part hereof regarding its $350 Million Senior Notes Offering. For additional information, please see the press release. Item 7. Financial Statements and Exhibits. (c) Exhibits. 99.1 Press release issued April 3, 2002.
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: April 3, 2002 By: /s/ Ian J. McCarthy ------------------------------------- Ian J. McCarthy President and Chief Executive Officer
EXHIBIT 99.1 PRESS RELEASE FOR IMMEDIATE RELEASE BEAZER HOMES ANNOUNCES $350 MILLION SENIOR NOTES OFFERING Atlanta, Georgia, April 3, 2002 - Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) today announced that it is proposing to offer $350,000,000 in principal amount of Senior Notes due 2012. The offering will be made to certain initial purchasers pursuant to a private placement. The initial purchasers have informed Beazer 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. The offering proceeds will be used to (1) fund the cash portion of Beazer's previously announced acquisition of Crossmann Communities, Inc. ("Crossmann"), (2) repay Crossmann's outstanding indebtedness, (3) reduce borrowings under Beazer's revolving credit facility and (4) pay related fees, commissions and other expenses. Beazer Homes USA, Inc., based in Atlanta, Georgia, is one of the country's ten largest single-family homebuilders with operations in Arizona, California, Colorado, Florida, Georgia, Maryland, Nevada, New Jersey, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, and Virginia. Beazer Homes also provides mortgage origination and title services to its homebuyers 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 purchasers 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: David S. Weiss, Executive Vice President and Chief Financial Officer of Beazer Homes USA, Inc., +1-404-250-3420, dweiss@beazer.com