Bond Taylor Morrison Communities 5.75% ( US87724RAB87 ) in USD

Issuer Taylor Morrison Communities
Market price refresh price now   100 %  ▼ 
Country  United States
ISIN code  US87724RAB87 ( in USD )
Interest rate 5.75% per year ( payment 2 times a year)
Maturity 01/14/2028
Minimal amount 2 000 USD
Total amount 450 000 000 USD
Cusip 87724RAB8
Standard & Poor's ( S&P ) rating BB+ ( Non-investment grade speculative )
Moody's rating Ba1 ( Non-investment grade speculative )
Next Coupon 01/15/2027 ( In 62 days )
Detailed description Taylor Morrison Homes is a large, publicly traded homebuilder in the United States offering a diverse range of homes across various price points and styles in numerous communities.

This financial article details a specific debt instrument issued by Taylor Morrison Communities, a prominent national homebuilder and developer operating across the United States. The bond, identified by its ISIN US87724RAB87 and CUSIP 87724RAB8, is a U.S. dollar-denominated security originating from the United States, currently quoted at 100% of its face value in the market. It features a fixed annual interest rate of 5.75%, with interest payments distributed semi-annually. The total size of this particular issuance amounts to $450,000,000, with a minimum purchase size set at $2,000 for investors. The debt instrument carries a defined maturity date of January 14, 2028, and its creditworthiness has been independently assessed by leading rating agencies: Standard & Poor's has assigned a 'BB+' rating, while Moody's has provided a 'Ba1' rating, both classifications offering insights into the issuer's capacity to meet its financial obligations.
DateClean price
01/29/2025100.00%
01/28/2025100.37%