Attached files
| file | filename |
|---|---|
| EX-10.1 - EXHIBIT 10.1 - Meritage Homes CORP | exhibit101-registrationrig.htm |
| 8-K - 8-K - Meritage Homes CORP | a8knotesofferingclosing202.htm |
Exhibit 99.1
Contacts: | Brent Anderson, VP Investor Relations | ||
(972) 580-6360 (office) | |||
investors@meritagehomes.com | |||
Meritage Homes Announces Closing of Additional $200 Million of 6.00%
Senior Unsecured Notes Due 2025
SCOTTSDALE, Ariz., March 16, 2018 - Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, today announced the closing of $200 million aggregate principal amount of its 6.00% senior unsecured notes due June 1, 2025 (the “new notes”).The completed transaction resulted in approximately $202.7 million in net proceeds (after paying certain transaction-related expenses) to the Company. The new notes were offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and outside the United States to persons other than U.S. persons in reliance upon Regulation S under the Securities Act.
This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation, or sale in any jurisdiction in which such offer, solicitation, or sale is unlawful. The securities have not been registered under the Securities Act or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state laws.