Ryland Sells Senior Notes

It raises $250 million.
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The Ryland Group

(RYL)

, a homebuilder and a mortgage-finance company, announced that it completed the sale of $250 million of 6.875% senior notes due 2013 pursuant to a shelf registration statement on file with the SEC.

Citigroup Global Markets

and

UBS Securities

were the joint book-runners for the offering of the Calabasas, Calif.-based company.

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