Beazer Homes

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said it's planning to offer $250 million of senior notes that will mature in 2016.

The Atlanta-based homebuilder said it would use the proceeds from the offering to repay outstanding debt from its unsecured revolving credit facility and for general corporate purposes.

Shares of Beazer were up 46 cents, or 0.9%, at $50.21 Thursday.

This story was created through a joint venture between and IRIS.