The new home company inc. announces pricing of offering of 7.25% senior notes due 2025

Aliso viejo, calif.--(business wire)--the new home company inc. (nyse: nwhm) (the “company”) today announced that it has priced a private offering of $250.0 million in aggregate principal amount of 7.25% senior notes due 2025 (the “2025 notes”). the 2025 notes will be issued at an offering price of 100% of their face amount, which represents a yield to maturity of 7.25%. the company expects to close this offering on october 28, 2020, subject to the satisfaction of customary closing conditions.
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