Meritage Homes Announces Pricing of Additional $200 million of 6.00% Senior Unsecured Notes Due 2025
March 02 2018 - 12:23PM
Meritage Homes Corporation (NYSE:MTH), a leading U.S. homebuilder,
today announced the pricing of $200 million aggregate principal
amount of its 6.00% senior unsecured notes due June 1, 2025 (the
“new notes”). The notes were sold at 103% of the principal amount
thereof plus accrued and unpaid interest thereon from and including
December 1, 2017. The new notes were offered to qualified
institutional buyers pursuant to Rule 144A under the Securities Act
of 1933, as amended (the “Securities Act”) and outside the United
States to persons other than U.S. persons in reliance upon
Regulation S under the Securities Act. The expected closing date
for the private placement of these notes is March 16, 2018.
This announcement is neither an offer to sell nor a solicitation
of an offer to buy any of these securities and shall not constitute
an offer, solicitation, or sale in any jurisdiction in which such
offer, solicitation, or sale is unlawful. The securities will not
be registered under the Securities Act of 1933, as amended, or any
state securities laws, and unless so registered, may not be offered
or sold in the United States except pursuant to an exemption from
the registration requirements of the Securities Act and applicable
state laws.
Contacts:Brent Anderson, VP Investor
Relations(972) 580-6360
(office)Brent.Anderson@meritagehomes.com
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