Beazer homes announces closing of its offer to exchange $250 million of its 9.125% senior notes due 2019

Atlanta--(business wire)--beazer homes usa, inc. (nyse:bzh) (www.beazer.com) announced today that its exchange offer with respect to the company’s 9.125% senior notes due 2019 (the “9.125% senior notes”) expired at 12:01 a.m., new york city time, on july 19, 2011. all of the outstanding 9.125% senior notes were validly tendered in the exchange offer. as a result, the company will issue an aggregate of approximately us$250.0 million principal amount of registered 9.125% senior notes due 2019 (the “exchange notes”) to tendering note holders in connection with the exchange offer, which exchange notes have been registered with the u.s. securities and exchange commission. completion of the exchange offer was a requirement under the registration rights agreement entered into by the company in connection with the initial sale of the 9.125% senior notes. beazer homes usa inc., headquartered in atlanta, georgia, is one of the ten largest single-family homebuilders in the united states. the company’s industry-leading esmart high performance homes are designed to lower the total cost of home ownership while reducing energy and water consumption. with award-winning floor-plans, the company offers homes that incorporate exceptional value and quality to consumers in 16 states, including arizona, california, delaware, florida, georgia, indiana, maryland, nevada, new jersey, new york, north carolina, pennsylvania, south carolina, tennessee, texas, and virginia. beazer homes is listed on the new york stock exchange and trades under the ticker symbol “bzh.”
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