MIAMI, April 28 /PRNewswire-FirstCall/ -- Lennar Corporation
(NYSE: LEN and LEN.B) announced that it has completed an offering of
$300 million of 5.60% Senior Notes due 2015. The Senior Notes were priced to
yield 5.629%. Lennar expects to use the proceeds from this offering for
general corporate purposes.
This offering of the Senior Notes was not registered under the Securities
Act of 1933 and the Senior Notes may not be offered or sold in the United
States absent registration under that Act or an exemption from its
registration requirements. The Senior Notes were issued in accordance with
SEC Rule 144A and Regulation S only to qualified institutional investors or
purchasers that are not residents of the United States.
This press release shall not constitute an offer to sell or a solicitation
of an offer to buy the Senior Notes, nor shall there be any sale of these
Senior Notes in any state or jurisdiction in which such an offer, solicitation
or sale would be unlawful.
SOURCE Lennar Corporation
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CONTACT: Marshall Ames, Investor Relations, Lennar Corporation, +1-305-485-2092
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