September 4, 2009 (FinancialWire) — Beazer Homes USA, Inc. (NYSE: BZH) (Current Market Cap: $160.13 Mil.) has priced its offering of 12% senior secured notes due 2017 at an issue price equal to 89.50% of the $250 million of the notes.

The notes are being offered in a private offering. Beazer plans to use the net proceeds from the offering to fund open-market repurchases of its outstanding senior notes that it has made, or has agreed to make, since April 1.

The offering is scheduled to close on or about September 11.

Atlanta-based Beazer Homes is a single-family homebuilder operating in Arizona, California, Delaware, Florida, Georgia, Indiana, Maryland, Nevada, New Jersey, New Mexico, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, and Virginia.

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