Taylor Morrison Communities, Inc.: Covenant Quality Post-Sale Snapshot: $500m 5.125% Senior Notes due 2030
CORPORATES ISSUER IN-DEPTH 17 August 2020 Source Documents: Offering Memorandum: 8 July 2020 Peer Group: » Homebuilding And Property Development (All figures in $ millions unless otherwise noted) (Ratios may vary from Moody’s adjusted ratios) This report contains Moody’s analysis of the principal protections and weaknesses of the covenant package of the Notes based on information contained in theTaylor Morrison Home is a holding company. Through its subsidiaries, the company owns and operates a residential homebuilding business and is a developer of lifestyle communities. The company provides a variety of homes across a range of price points. The company operates under the Taylor Morrison and Darling Homes brand names. The company also provides financial services to customers through its mortgage subsidiary, Taylor Morrison Home Funding, LLC, title insurance and closing settlement services through its title company, Inspired Title Services, LLC, and homeowner's insurance policies through its insurance agency, Taylor Morrison Insurance Services, LLC. The company's segments are: East, Central, West and Financial Services.
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