Hovnanian (HOV) Commences $220M Secured Senior Notes Offering
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Hovnanian Enterprises, Inc. (NYSE: HOV)) announced today the commencement of private offers to exchange the senior notes listed in the table below for up to $220 million of new 2.00% Senior Secured Notes due 2021 to be issued in a private placement by K. Hovnanian Enterprises, Inc., a wholly-owned subsidiary of the Company, and to be guaranteed by the Company and substantially all of its restricted subsidiaries.
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