August 01, 2019

Taylor Morrison Closes $450 Million Senior Notes Offering

Practices & Industries

Paul, Weiss advised Taylor Morrison Home Corporation, a leading homebuilder and developer of lifestyle and master-planned communities, in the issuance of $450.0 million aggregate principal amount of 5.75% senior notes due 2028 by its wholly owned subsidiary, Taylor Morrison Communities, Inc. Goldman Sachs & Co. LLC acted as representative of the several initial purchasers of the notes. The issuer will use the proceeds of the notes offering to redeem all of its 6.625% senior notes due 2022. 

The Paul, Weiss team included corporate partner John Kennedy.