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

The exchange offers are now expected to expire at 12:01 a.m. ET on Jan. 28, unless extended. The offers were previously slated to expire Jan. 20.

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