10:26 AM EST, 11/03/2025 (MT Newswires) -- Taylor Morrison Home ( TMHC ) said Monday its Taylor Morrison Communities unit launched a cash tender offer for all of its outstanding 5.875% senior notes due 2027, expiring Nov. 7.

The offer is conditioned on completing a new $525 million senior notes offering due 2032, with proceeds and cash on hand to fund the repurchase, redeem any remaining 2027 notes, and retire other 6.625% 2027 notes issued by Taylor Morrison and its William Lyon Homes subsidiary.

The company said it expects to redeem any 2027 notes not purchased in the tender once the new financing closes.

The new unsecured notes will be guaranteed by the same subsidiaries that back the company's existing senior debt.

Shares of Taylor Morrison Home ( TMHC ) were down 1.4% in recent trading.

Price: 58.46, Change: -0.81, Percent Change: -1.37