The New Home Company Completes Senior Notes Offering

Paul, Weiss advised The New Home Company Inc., a California-based builder and real estate development company owned by funds affiliated with Apollo Global Management, in a $300 million offering of senior notes due 2029. The joint bookrunning managers for the offering were J.P. Morgan, RBC Capital Markets, BMO Capital Markets and Citigroup. The proceeds of the offering will be used to refinance debt maturing in 2025 and 2027.

The Paul, Weiss team included corporate partners Luke Jennings, Brian Kim and Gregory Ezring; tax partner Anne McGinnis; and executive compensation counsel Jake Glazeski.