Corporate News

Taylor Morrison Home Completes IPO

Taylor Morrison Home Corp. (TMHC) said Friday that it has completed its initial public offering of about 32.86 million shares of its Class A common stock, including about 4.29 million shares of Class A common stock sold in connection with the full exercise of the option to purchase additional shares granted to the underwriters, at a price to the public of $22.00 per share.

The shares began trading on the New York Stock Exchange on April 10 under the ticker symbol "TMHC."

Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC and Zelman Partners LLC acted as joint book-running managers for the offering.

by RTTNews Staff Writer

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