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Taylor Morrison Closes Senior Notes Offering
- Client News
- April 16, 2015
Paul, Weiss client Taylor Morrison Home Corporation, a leading builder of single-family homes and developer of lifestyle and master-planned communities, announced the issuance of $350 million aggregate principal amount of 5.875% senior notes due 2023 by two of its wholly owned subsidiaries. The issuers will use the proceeds of the notes offering, together with cash on hand, to redeem all of their 7.750% senior notes due 2020.
The Paul, Weiss team included, among others, corporate partners Thomas de la Bastide and John Kennedy; and tax partner David Mayo.