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M.D.C. Holdings plans senior unsecured notes offering

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M.D.C. Holdings plans senior unsecured notes offering

M.D.C. Holdings Inc. is offering an undisclosed amount of its senior unsecured notes due January 2030.

The homebuilder said net proceeds from the offering would go toward general corporate purposes, which may include repayment of its 5.625% senior notes due Feb. 1, of which $250 million is outstanding.

Citigroup Global Markets Inc. and U.S. Bancorp Investments Inc. are the joint book-running managers for the offering.