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Beazer Homes

(BZH) - Get Beazer Homes USA Inc. Report

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.

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

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