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Beazer Homes completes $400M senior notes offering

Beazer Homes USA Inc. closed its $400 million private offering of 5.875% senior unsecured notes due 2027.

The company will use the net proceeds, along with cash on hand, to repay $225 million of its 5.75% senior notes due 2019 and $175 million of its 7.25% senior notes due 2023.