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

Scottsdale, ariz., march 31, 2021 (globe newswire) -- meritage homes corporation (nyse: mth), a leading u.s. homebuilder, today announced the pricing of $450 million aggregate principal amount of its 3.875% senior notes due 2029 (the “notes”), which represents an increase of $50 million from the amount initially offered. 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. the expected closing date for the private placement of these notes is april 15, 2021.
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