NVR NVR, one of the
nation's largest homebuilding companies, announced its intention to offer,
subject to market and other conditions, senior notes due 2022 in a registered
underwritten public offering. The notes will be unsecured, unsubordinated
obligations of NVR.
NVR intends to use the net proceeds from the offering for general corporate
purposes, which may include repurchases of its common shares.
The offering is being made pursuant to an automatic shelf registration
statement which was filed with the Securities and Exchange Commission today.
A preliminary prospectus supplement and related prospectus relating to the
public offering have been filed with the Securities and Exchange Commission.
Credit Suisse Securities (USA) LLC, Merrill Lynch, Pierce, Fenner & Smith
Incorporated and Wells Fargo Securities, LLC are serving as the joint
book-running managers for the offering.
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