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Taylor Morrison extends expiration of exchange offers for William Lyon notes

Taylor Morrison Communities Inc. extended the expiration date for its previously announced offers to exchange any and all outstanding senior notes of three series issued by William Lyon Homes for up to $1.09 billion of newly issued Taylor Morrison notes.

The exchange offers are now expected to expire at 12:01 a.m. ET on Jan. 20. All other terms and the related letter of transmittal remain unchanged.

Taylor Morrison Communities is a subsidiary of Taylor Morrison Home Corp.