April 23 (Reuters) - Lennar Corp (LEN.N: Quote, Profile, Research) on Thursday sold
$400 million of eight-year senior notes in the 144a private
placement market, said IFR, a Thomson Reuters service.

The size of the deal was increased from an originally
planned $250 million.

Citigroup was the sole bookrunning manager for the sale.
BORROWER: LENNAR CORP
AMT $400 MLN COUPON 12.25 PCT MATURITY 5/15/2017
TYPE SR NOTES ISS PRICE 98.123 FIRST PAY 11/15/2009
MOODY'S B3 YIELD 12.625 PCT SETTLEMENT 4/30/2009
S&P BB-MINUS SPREAD 969 BPS/ PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS