UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
Current Report
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| ITEM 7.01. | Regulation FD Disclosure. |
On September 3, 2020, Taylor Morrison Home Corporation announced that its indirect wholly owned subsidiaries, Taylor Morrison Communities, Inc. (the “Issuer”) and William Lyon Homes, Inc. (“California Lyon”), respectively, issued notices of redemption for the entire outstanding principal amount of (i) the 6.000% senior notes due 2023 of the Issuer (the “2023 Taylor Morrison Notes”), (ii) the 5.875% senior notes due 2025 of the Issuer (the “2025 Taylor Morrison Notes”), (iii) the 6.00% senior notes due 2023 of California Lyon (the “2023 California Lyon Notes”) and (iv) the 5.875% senior notes due 2025 of California Lyon (the “2025 California Lyon Notes”). The notices of redemption state that (i) the entire outstanding principal amount of the 2023 Taylor Morrison Notes will be redeemed on September 14, 2020 at a price equal to 103.000% of the principal amount of the 2023 Taylor Morrison Notes to be redeemed plus accrued and unpaid interest to, but excluding, the redemption date, (ii) the entire outstanding principal amount of the 2025 Taylor Morrison Notes will be redeemed on September 14, 2020 at a price equal to 102.938% of the principal amount of the 2025 Taylor Morrison Notes to be redeemed plus accrued and unpaid interest to, but excluding, the redemption date, (iii) the entire outstanding principal amount of the 2023 California Lyon Notes will be redeemed on September 9, 2020 at a price equal to 103.000% of the principal amount of the 2023 California Lyon Notes to be redeemed plus accrued and unpaid interest to, but excluding, the redemption date and (iv) the entire outstanding principal amount of the 2025 California Lyon Notes will be redeemed on September 9, 2020 at a price equal to 102.938% of the principal amount of the 2025 California Lyon Notes to be redeemed plus accrued and unpaid interest to, but excluding, the redemption date.
The information under this Item 7.01 of this report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: September 3, 2020
| Taylor Morrison Home Corporation | |||
| By: | /s/ C. David Cone | ||
| Name: | C. David Cone | ||
| Title: |
Executive Vice President and Chief Financial Officer |
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