July 11, 2017 / 11:03 AM / 11 days ago

BRIEF-Hovnanian Enterprises announces new senior notes offering

1 Min Read

July 11 (Reuters) - Hovnanian Enterprises Inc

* Announces new senior notes offering

* Hovnanian Enterprises - plans to issue up to $840 million senior secured notes with maturities in 2022 and 2024 in a private placement

* Liens securing notes will rank junior to liens securing k. Hovnanian's $75.0 million senior secured term loan facility

* Hovnanian Enterprises - to use net proceeds to fund offers and related consent solicitations and to fund redemption of all existing secured notes Source text for Eikon: Further company coverage:

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