Beazer Homes Announces Closing of Offering of $200 Million Senior Notes and Redemption of 6⅞% Senior Notes Due 2015

  Beazer Homes Announces Closing of Offering of $200 Million Senior Notes and
  Redemption of 6⅞% Senior Notes Due 2015

Business Wire

ATLANTA -- February 1, 2013

Beazer Homes USA, Inc. (NYSE: BZH) (the “Company”) announced today the
completion of its previously-announced offering of $200 million of 7.250%
Senior Notes due 2023 (the “Notes”). The Notes were offered in a private
offering that was exempt from the registration requirements of the Securities
Act of 1933 (the “Securities Act”). The Company offered the Notes within the
United States to qualified institutional buyers in accordance with Rule 144A
and outside the United States in accordance with Regulation S under the
Securities Act. The net proceeds from the offering have been or will be used
to fund or replenish cash that was used to fund the redemption of the
Company’s 6⅞% senior notes due 2015 (the “2015 Notes”) and for general
corporate purposes. The 2015 Notes have been called for redemption, and the
redemption will occur on February 19, 2013.

This press release does not constitute an offer to sell or the solicitation of
an offer to buy any of the Notes nor does it constitute an offer, solicitation
or sale in any jurisdiction in which such offer, solicitation or sale is
unlawful. The offer and sale of the Notes have not been registered under the
Securities Act or applicable state securities laws, and the Notes were offered
only to qualified institutional buyers in reliance on Rule 144A under the
Securities Act and outside the United States in accordance with Regulation S
under the Securities Act. Unless so registered, the Notes cannot be offered or
sold in the United States except pursuant to an exemption from, or in a
transaction not subject to, the registration requirements of the Securities
Act and applicable state securities laws.

About Beazer Homes USA, Inc.

Headquartered in Atlanta, Beazer Homes is one of the country's ten largest
single-family homebuilders. The Company's homes meet or exceed the benchmark
for energy-efficient home construction as established by ENERGY STAR® and are
designed with flexible floorplan options to meet the personal preferences and
lifestyles of its buyers. In addition, the Company is committed to providing a
range of preferred lender choices to facilitate transparent competition
between lenders and enhanced customer service. The Company offers homes in 16
states, including Arizona, California, Delaware, Florida, Georgia, Indiana,
Maryland, Nevada, New Jersey, New York, North Carolina, Pennsylvania, South
Carolina, Tennessee, Texas and Virginia. Beazer Homes is listed on the New
York Stock Exchange under the ticker symbol “BZH.”

Contact:

Beazer Homes USA, Inc.
Carey Phelps, 770-829-3700
Director, Investor Relations & Corporate Communications
investor.relations@beazer.com
 
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