Moody's assigns B3 rating to William Lyon's proposed senior unsecured notes; outlook stable
Approximately $450 million of new debt securities affected. New York, January 17, 2017-- Moody's Investors Service assigned a B3 rating to the $450 million of proposed new eight-year senior unsecured notes of William Lyon Homes, Inc., proceeds of which will be used to refund the company's $425 million of senior unsecured notes due 2020, pay a tender premium, and to cover the fees and expenses of the new offering. Lyon's B3 Corporate Family Rating, B3-PD Probability of Default, B3...
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