Tri Pointe Homes, Inc. and Tri Pointe Homes Holdings, Inc. Redeems the Entire Outstanding Principal Amount of the 5.875% Senior Notes Due 2024
May 16, 2024 at 02:58 am IST
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On May 15, 2024, Tri Pointe Homes, Inc., a Delaware corporation (the ?Company?), redeemed the entire outstanding principal amount of the 5.875% Senior Notes due 2024 co-issued by the Company and its 100% owned subsidiary, Tri Pointe Homes Holdings, Inc. (the ?2024 Notes?), pursuant to the terms of the 2024 Notes at a redemption price equal to 100% of the aggregate principal amount of the 2024 Notes redeemed plus accrued and unpaid interest thereon to the redemption date.
Tri Pointe Homes, Inc. operates as a homebuilder, which is engaged in the design, construction, and sale of single-family attached and detached homes. It offers its services across ten states, including Arizona, California, Colorado, Maryland, Nevada, North Carolina, South Carolina, Texas, Virginia and Washington, and the District of Columbia. The Company operates through two businesses: homebuilding and financial services. Its three homebuilding segments include West Region, which includes Arizona, California, Nevada, and Washington; Central Region, which includes Colorado and Texas, and East Region, which includes the District of Columbia, Maryland, North Carolina, South Carolina, and Virginia. Its Tri Pointe Solutions financial services operation comprises its Tri Pointe Connect mortgage financing operations, its Tri Pointe Assurance title and escrow services operations, and its Tri Pointe Advantage property and casualty insurance agency operations.