Article: Beazer Homes Announces Pricing of Convertible Notes Offering.

Beazer Homes USA, Inc. today announced that it has agreed to sell $150 million aggregate principal amount of 4-5/8% Senior Convertible Notes due 2024. The offering will be made to certain initial purchasers pursuant to a private placement. The initial purchasers have informed Beazer Homes that they will sell or offer the notes within the United States only to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").

Beazer Homes has granted the initial purchasers a 12-day option to purchase up to an additional $30.0 million principal amount of notes. The net proceeds from the offering will ...

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