Meritage homes announces closing of $450 million of 3.875% senior notes due 2029

Scottsdale, ariz., april 15, 2021 (globe newswire) -- meritage homes corporation (nyse: mth), a leading u.s. homebuilder, today announced the closing of a $450 million aggregate principal amount of its 3.875% senior notes due april 15, 2029 (the “notes”). the completed transaction resulted in approximately $444.0 million in net proceeds to the company. the notes were offered to persons reasonably believed to be 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.
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