Moody's rates Beazer Homes' proposed $250MM senior notes B3
$250 million of rated debt affected. New York, March 07, 2017-- Moody's Investors Service assigned a B3 rating to Beazer Homes USA, Inc.' s proposed $250 million senior unsecured notes due 2025. The proceeds of the notes will be used to retire Beazer's $198 million of senior unsecured notes due 2021 as well as pay down the remaining $55 million outstanding on its senior secured Term Loan due 2018. Beazer's B3 Corporate Family Rating and B3-PD Probability of Default Rating remain...
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