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Taylor Morrison Home Corporation Senior Notes Offering

On November 3, 2025, Taylor Morrison Home Corporation (NYSE: TMHC), a prominent player in the homebuilding industry, disclosed that its subsidiary, Taylor Morrison Communities, Inc., has successfully priced its offering of senior notes. This offering amounts to $525 million, with a favorable interest rate of 5.750% per annum, payable semi-annually. The anticipated date for closing this offering is November 10, 2025, subject to standard closing conditions.

Key Details of the Senior Notes Offering

The notes, which will mature in 2032, hold significant importance for the company's financing strategy. Investors can expect to receive interest payments two times a year, specifically on May 15 and November 15, starting from May 15, 2026. Notably, the pricing to investors is set at a full 100% of the principal amount of the notes, indicating a stable investment opportunity.

The proceeds from this offering will primarily be allocated for several strategic financial operations:
1. Purchasing Existing Notes: The company intends to utilize the funds, alongside its existing cash reserves, to buy back its outstanding 5.875% Senior Notes due 2027. This will be facilitated through a concurrent cash tender offer for these notes.
2. Redemption of Notes: Additionally, Taylor Morrison plans to redeem all remaining 2027 Notes that are not tendered in the offer, along with the complete redemption of its existing 6.625% Senior Notes due 2027, including notes issued by the company's subsidiary William Lyon Homes, Inc.
3. Covering Associated Costs: The proceeds will also cover any associated fees and expenses related to the notes offering and the tender offer, ensuring that the company manages its financial obligations effectively.

Characteristics of the Senior Notes

These senior notes will be unsecured and are guaranteed on a senior unsecured basis by subsidiaries of TMHC, which also guarantee the existing senior unsecured notes. It is crucial to highlight that the Senior Notes, along with their related guarantees, have not been registered under the Securities Act of 1933, meaning they cannot be marketed or sold in the U.S. without proper registration or an allowable exemption.

Rather, they will only be sold to buyers believed to be qualified institutional purchasers in accordance with Rule 144A of the Securities Act. This offers an exclusive investment opportunity that adheres to regulatory standards while catering to sophisticated investors.

Forward-Looking Statements

This announcement contains forward-looking statements related to the anticipated terms and timing of the offering and subsequent actions concerning the notes. Factors such as market conditions and the company’s operational efficiency can significantly influence the execution of these plans. Investors are encouraged to review TMHC's Form 10-K and the subsequent reports filed with the Securities and Exchange Commission for detailed information on risks and uncertainties associated with the company's operations and market strategy.

About Taylor Morrison

Taylor Morrison, headquartered in Scottsdale, Arizona, stands as one of the United States’ leading homebuilders. The company caters to a diverse customer base, beyond just first-time homebuyers to include those seeking luxury and resort-style living under various brand names. Taylor Morrison has gained recognition, ranking as America's Most Trusted® Builder between 2016 and 2025, according to Lifestory Research.

The company prides itself on its dedication to quality homes and communities, continually aiming to enhance customer satisfaction and build lasting relationships throughout the home-buying journey.

For more information, inquiries can be directed to Mackenzie Aron, VP of Investor Relations, at (407) 906-6262 or [email protected]