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HORSHAM, Pa., Feb. 1, 2012 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com) today announced the pricing of an offering of $300 million of Senior Notes due February 15, 2022 (the “Notes”) issued by Toll Brothers Finance Corp., a wholly-owned subsidiary. The Notes, which are guaranteed on a senior basis by Toll Brothers, Inc. and all of Toll Brothers, Inc.’s subsidiaries that are guarantors under its revolving credit facility, have a coupon of 5.875%. The Notes will pay interest semi-annually on February 15 and August 15, commencing August 15, 2012. Settlement of the Notes is anticipated to occur on February 7, 2012.
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