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Homebuilder Taylor Morrison files for a $250 million IPO

December 5, 2012

Taylor Morrison Home Corporation, the sixth largest public homebuilder in North America, filed on Wednesday with the SEC to raise up to $250 million in an initial public offering. The Scottsdale, AZ-based company, which was founded in 2007 and booked $1.3 billion in sales for the 12 months ended 9/30/2012, plans to list under the symbol TMHC. Credit Suisse and Citi are the joint bookrunners on the deal. No pricing terms were disclosed.