Davis Polk advised the representative of the initial purchasers in connection with the Rule 144A and Regulation S offering by Century Communities, Inc. of $125 million aggregate principal amount of its 6.875% senior notes due 2022. The notes were issued as an add-on to Century’s existing 6.875% senior notes due 2022. The notes are guaranteed by certain of Century’s subsidiaries. Century intends to use the net proceeds from this offering to repay outstanding amounts under its revolving credit facility.

Century engages in the development, design, construction, marketing and sale of single-family attached and detached homes in metropolitan areas in Colorado; Austin and San Antonio, Texas; Houston, Texas; Las Vegas, Nevada; Atlanta, Georgia; and Salt Lake City, Utah.

The Davis Polk capital markets team included partner Michael Kaplan and associates Christopher M. Bezeg and Eugene Baek. Partner Rachel D. Kleinberg provided tax advice. Counsel Betty Moy Huber and associate Yuko Masunaga provided environmental advice. Members of the Davis Polk team are based in the New York and Northern California offices.

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