Taylor Morrison’s $450 Million Senior Notes Offering

Paul, Weiss advised Taylor Morrison Home Corporation in the issuance of $450 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.

Taylor Morrison Home Corporation is a leading homebuilder and developer of lifestyle and master-planned communities.

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 (Picture).

Involved fees earner: John Kennedy – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: Taylor Morrison Home Corporation;

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Author: Ambrogio Visconti