Taylor Morrison Home Corporation, one of America's top ten homebuilders, raised the proposed deal size on Wednesday for its upcoming IPO. The Scottsdale, AZ-based company now plans to raise $500 million. The company had originally filed with a proposed deal size of $250 million. Taylor Morrison, which was founded in 1936 and booked $1.3 billion in sales for the 12 months ended 9/30/2012, plans to list under the symbol TMHC. Oaktree Capital, TPG Capital and JH Investments are the primary private equity backers. The company also announced it plans to list on the NYSE. Credit Suisse and Citi are the joint bookrunners on the deal.
