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Taylor Morrison prices upsized IPO at $22, the high end of the range

April 9, 2013

Taylor Morrison Home Corporation, a leading homebuilder in the US and Canada backed by Oaktree and TPG, raised $629 million by offering 28.6 million shares at $22, at high end of the range of $20 to $22. The company had originally planned to offer 23.8 million shares. Taylor Morrison Home Corporation plans to list on the NYSE under the symbol TMHC.  Credit Suisse and Citi acted as lead managers on the deal.