Landsea Homes Announces Commencement of Private Offering of Senior Notes

March 18, 2024

https://www.globenewswire.com/news-release/2024/03/18/2847805/0/en/Landsea-Homes-Announces-Commencement-of-Private-Offering-of-Senior-Notes.html

DALLAS, March 18, 2024 (GLOBE NEWSWIRE) — Landsea Homes Corporation (Nasdaq:LSEA) (“Landsea Homes” or the “Company”) announced today that it intends to offer $300,000,000 aggregate principal amount of senior notes due 2029 (the “Notes”), subject to market conditions and other factors. The Notes will be guaranteed, jointly and severally, on a senior unsecured basis, by all of the Company’s material wholly owned subsidiaries as of their issuance (the “Guarantors”) and will rank pari passu with all other unsecured and unsubordinated indebtedness of the Company and Guarantors.

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