Bloomberg News

Hovnanian Enterprises to Exchange $141.8 Million For 5% Notes

October 31, 2011

Oct. 31 (Bloomberg) -- Hovnanian Enterprises Inc. said it will exchange bonds due in 2014 and 2015 for about $141.8 million of new 5 percent secured notes maturing in 2021, according to a statement. The company is also exchanging bonds due 2016 and 2017 for about $53.2 million of new 2 percent secured notes due in 2021.

Link to Statement:{NSN LTXAC33PWT1D <GO>}

To contact the editor responsible for this story: Ben Martin at bmartin38@bloomberg.net


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