Taylor Morrison’s Senior Notes Offering

Cravath represented the initial purchasers, Credit Suisse, Deutsche Bank and HSBC, in connection with the US$550 million 144A/Reg. S senior notes offering by Taylor Morrison Communities, Inc. and Monarch Communities Inc. The offering closed on April 13, 2012. Taylor Morrison is owned by a consortium of private equity sponsors and is the largest privately owned home builder in the United States.

The Cravath team included partners William J. Whelan III and Joseph D. Zavaglia and associates Kyle C. Harmon, Morgan Harper and Kevin R. Grondahl.