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Taylor Morrison Announces Proposed Senior Notes Offering
Taylor Morrison Home Corporation (NYSE: TMHC) ("TMHC") today announced that its indirect wholly owned subsidiary, Taylor Morrison Communities, Inc. (the "Issuer"), intends to offer $525.0 million aggregate principal amount of senior notes due 2032 (the "Senior Notes").
About this update from Taylor Morrison Home Corporation
[{"type":"text","content":"SCOTTSDALE, Ariz., Nov. 3, 2025 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE: TMHC) ("TMHC") today announced that its indirect wholly owned subsidiary, Taylor Morrison Communities, Inc. (the "Issuer"), intends to offer $525.0 million aggregate principal amount of senior notes due 2032 (the "Senior Notes").","length":347,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Taylor Morrison Home Corp.)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Taylor Morrison Home Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":58,"url":"https://media.zenfs.com/en/prnewswire.com/d95c0a180ad1a7d4e1124eb20f1c3c0c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ZojNonBiO7rxJf8kmy1lLA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEwMjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/d95c0a180ad1a7d4e1124eb20f1c3c0c","width":400,"height":58}},"href":"https://mma.prnewswire.com/media/2670373/TM_Corp_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Issuer intends to use proceeds of the proposed notes offering, together with cash on hand, to (i) purchase any and all of its 5.875% Senior Notes due 2027 (the "2027 Notes") validly tendered and not validly withdrawn pursuant to the Issuer's concurrent cash tender offer for any and all 2027 Notes (the "Tender Offer"), (ii) redeem all of the 2027 Notes not purchased in the Tender Offer, (iii) redeem in full all of its outstanding 6.625% Senior Notes due 2027 (the "2027 Exchange Notes") and the outstanding 6.625% Senior Notes due 2027 issued by William Lyon Homes, Inc. (an indirect wholly owned subsidiary of the Issuer) (the "2027 WLH Notes") and (iv) to pay fees and expenses related to the notes offering, the Tender Offer and the redemptions.","length":799,"tagName":"p"},{"type":"text","content":"The Senior Notes will be unsecured and guaranteed on a senior unsecured basis by the same subsidiaries of TMHC that guarantee, or are obligors of, the Issuer's existing senior unsecured notes.","length":196,"tagName":"p"},{"type":"text","content":"The Senior Notes and related guarantees have not, and will not be, registered under the Securities Act of 1933, as amended (the "Securities Act") or the securities laws of any other jurisdiction. ...