Key Developments: AV Homes Inc (AVHI.O)

AVHI.O on Nasdaq

15.22USD
11:46am EDT
Price Change (% chg)

$-0.03 (-0.16%)
Prev Close
$15.24
Open
$14.21
Day's High
$15.25
Day's Low
$14.21
Volume
13,327
Avg. Vol
36,201
52-wk High
$20.82
52-wk Low
$13.67

Search Stocks

Latest Key Developments (Source: Significant Developments)

AV Homes Inc announces closing of private placement of senior notes
Monday, 30 Jun 2014 04:30pm EDT 

AV Homes Inc:Closes its previously announced private offering of $200 mln of 8.500 pct Senior Notes due 2019 (Notes).As previously announced, Notes were priced to investors at 100 pct of their principal amount.Company intends to use proceeds from this offering for general corporate purposes, which may include land purchases, land development and financing homebuilding and acquisitions.  Full Article

AV Homes announces pricing of $200 mln in senior notes
Wednesday, 25 Jun 2014 03:40pm EDT 

AV Homes Inc:Announces that it priced $200 million in aggregate principal amount of its 8.500 pct senior notes due 2019.Intends to use the proceeds from this offering for general corporate purposes, which may include land purchases, land development and financing homebuilding and acquisitions.  Full Article

AV Homes Inc announces proposed offering of $200 mln in senior notes
Wednesday, 18 Jun 2014 04:01pm EDT 

AV Homes Inc:Intends to offer, $200 mln in aggregate principal amount of senior notes due 2019 (notes) in private offering that is exempt from registration under the Securities Act of 1933, as amended (securities Act).Notes will be senior unsecured obligations of the Company.Company intends to use the proceeds from this offering for general corporate purposes, which may include land purchases, land development and financing homebuilding and acquisitions.  Full Article

AV Homes,Inc announces $65 mln senior secured revolving credit facility
Wednesday, 9 Apr 2014 06:02pm EDT 

AV Homes Inc:Enters into three-year, $65 mln senior secured revolving credit facility, that is scheduled to mature in April 2017.Facility will be available for working capital requirements and general corporate purposes.Credit facility has been arranged by J.P. Morgan Securities LLC.Participating banks are JPMorgan Chase Bank, N.A., Royal Bank of Canada and Credit Suisse.  Full Article

AV Homes Inc acquires Royal Oak Homes in central florida
Thursday, 13 Mar 2014 04:45pm EDT 

AV Homes Inc:Acquires home building assets of privately held, Central Florida-based Royal Oak Homes LLC.Acquires certain land positions from affiliated land development companies.Aggregate purchase price of about $65 mln.  Full Article

AV Homes Inc announces acquisition in the Village at Litchfield Park
Tuesday, 3 Dec 2013 09:05am EST 

AV Homes Inc:Says the acquisition of 90 finished lots in The Village at Litchfield Park, just west of Litchfield and Camelback Roads in Litchfield Park, Ariz.Says the company plans to build two product series for the master planned community.  Full Article

AV Homes Inc Purchases 105 Acres In Mesa Arizona
Friday, 1 Nov 2013 10:00am EDT 

AV Homes, Inc announced the acquisition of 105 acres in Mesa, Arizona, at the NE corner of Signal Butte and Williamsfield Road. The property is just east of DMB's acclaimed master-planned community Eastmark, where AV Homes is already underway with development of a 900-home active adult 55 plus community, slated to open in 2015. AV Homes plans to develop the property into approximately 345 home sites to accommodate two distinctive home product series.  Full Article

AV Homes Inc Announces Appointment of Chief Financial Officer
Thursday, 26 Sep 2013 04:00pm EDT 

AV Homes Inc announced that Michael S. Burnett has been appointed to the Company's new position of Executive Vice President and Chief Financial Officer, effective as of October 14, 2013.  Full Article

The Law Firm Of Levi & Korsinsky, LLP Launches An Investigation Into Possible Breaches Of Fiduciary Duty By The Board Of Directors Of AV Homes Inc.
Monday, 26 Aug 2013 02:48pm EDT 

The Law Firm Of Levi & Korsinsky, LLP announced that it is investigating AV Homes Inc. in connection with possible claims of breaches of fiduciary duty.  Full Article

AV Homes Inc Announces $135 Million Equity Investment By TPG
Wednesday, 19 Jun 2013 09:27am EDT 

AV Homes Inc announced that TPG has agreed to make a $135 million investment in the Company at a price of $14.65 per share, which represents a 9.6% premium to the 30-day trailing average closing price of AV Homes' common stock. AV Homes will use the proceeds to accelerate the implementation of its strategic growth plan in its existing and new high-potential housing markets. In addition the Company has adopted a shareholder rights plan effective designed to protect its net operating loss assets from the application of Section 382 of the Internal Revenue Code.  Full Article

Search Stocks