MDC Holdings Inc. priced an offering of $250 million principal amount of 6.000% senior notes at par due January 2043. The company intends to use the proceeds for general corporate purposes. The notes will be general unsecured obligations of the company and will rank equally and ratably with its other general unsecured and unsubordinated indebtedness.

In addition, these notes will be fully guaranteed on an unsecured basis, jointly and severally, by most of the company's homebuilding subsidiaries. The offering, which is being underwritten by Citigroup Global Markets Inc., is expected to close January 10, subject to customary closing conditions.