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M.D.C. Holdings prices $300M debt offering

M.D.C. Holdings Inc. priced a $300 million public offering of 3.850% senior unsecured notes due January 2030 at 100% of par.

The homebuilder said proceeds from the offering, slated to close Jan. 9, will be used for general corporate purposes, including debt repayment.

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