NVR, Inc. No Longer Pursuing Offering of Convertible Senior Notes

Date : 09/11/2008 @ 9:27AM
Source : PR Newswire
Stock : Nvr Inc. (NVR)
Quote : 675.92  -3.51 (-0.52%) @ 8:00PM
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NVR, Inc. No Longer Pursuing Offering of Convertible Senior Notes

RESTON, Va., Sept. 11 /PRNewswire-FirstCall/ -- NVR, Inc. (NYSE:NVR), one of the nation's largest homebuilding and mortgage banking companies, announced today that it is no longer pursuing its public offering of $325 million aggregate principal amount of convertible senior notes due 2038 under its shelf registration statement filed with the Securities and Exchange Commission. The company decided to cancel the offering due to market conditions.

DATASOURCE: NVR, Inc.

CONTACT: Dan Malzahn of NVR, Inc., +1-703-956-4204

Web site: http://www.nvrinc.com/

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