GSO provides $150m to US homebuilder

GSO’s $150m investment in Beazer Homes will allow the company to tap into the improving US housing market. 

GSO Capital Partners has agreed to provide up to $150 million in debt financing to Beazer Homes, an Atlanta-based homebuilder, according to a statement.

The credit injection will allow Beazer to participate in the US’ expanding housing market through the first quarter of the 2014 fiscal year, thereby growing the homebuilder’s number of housing communities.

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