Taylor Morrison Home Corp Successfully Completes Cash Tender Offer

By Tamara Parker • Monday, November 10 11:34 • Permanent Link

Taylor Morrison Home Corporation (NYSE: TMHC) has announced the results of its cash tender offer for any and all outstanding 5.875% senior notes due 2027. The offer, which commenced on November 3, 2025, expired at 5:00 p.m. New York City time on November 7, 2025.

According to the tender and information agent for the offer, valid tenders had been received at the expiration of the offer in the following amounts:

The principal amount outstanding of the 5.875% senior notes due 2027 was $500,000,000.
The principal amount tendered was $479,155,000, representing 95.83% of the outstanding amount.
The purchase price per $1,000 principal amount of notes was $1,023.07.

No principal amount of the tendered notes remains subject to the guaranteed delivery procedures described in the offer to purchase and the related notice of guaranteed delivery.

The offeror expects to accept for purchase all notes validly tendered and not validly withdrawn as of the expiration time and expects to make payment for any such notes on November 10, 2025. The offeror will apply a portion of the proceeds from the issuance of $525.0 million aggregate principal amount of the offeror’s 5.750% senior notes due 2032, expected to close on November 10, 2025, to the payment for all notes to be purchased in the offer together with cash on the balance sheet.

Following the settlement of the offer, the offeror intends to redeem any and all outstanding notes that are not purchased in the offer. Concurrently with the launch of the offer, the offeror issued a conditional notice of redemption to redeem any notes that remain outstanding following the offer, on or around December 2, 2025.

J.P. Morgan Securities LLC served as the exclusive dealer manager for the offer, and D.F. King & Co., Inc. served as the tender agent and information agent for the offer.

Taylor Morrison Home Corporation is one of the nation’s leading homebuilders and developers, serving a wide array of consumers from coast to coast. It has been recognized as America’s most trusted® builder by Lifestory Research from 2016-2025. Today the company's shares have moved 1.25% to a price of $59.31. Check out the company's full 8-K submission here.

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