Hovnanian plans to sell $300 million in notes

Hovnanian plans to sell $300 million in notes
SAN FRANCISCO, Nov 15 (Reuters) – Hovnanian Enterprises Inc. <_HOV.N_ (aol://4785:HOV/) >, a homebuilder, said on Monday it had agreed to
issue $200 million in senior notes and another $100 million in senior
subordinated notes.
The Red Bank, New Jersey-based company said it planned to use the
proceeds of the offerings to repay current debt and for other
unspecified corporate purposes.
11/15/04 17:08 ET
From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2004/12/03/hovnanian-plans-to-sell-300-million-in-notes/

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS