March 9, 2015
Willkie represents J.P. Morgan as sole underwriters
Lennar Corporation announced the pricing of a follow-on underwritten public offering of $250 million of 4.50% senior notes due 2019 . The notes were being sold at a public offering price of 100.25% of their principal amount, and bear interest at 4.50% per annum, payable semi-annually on May 15 and November 15, commencing May 15, 2015. Willkie represented J.P. Morgan Securities LLC as Sole Book-Running Manager in the offering. Willkie also represented the underwriters in Lennar’s $350 million senior notes offering in November 2014.
The recent matter was handled by partners David Boston, Leslie Mazza and Chris Peters, of counsel Martin Miller, and associates Theodore Neos and Meredith Levy.
