LAWFUEL – Press Release Service – Davis Polk & Wardwell advised J.P. Morgan Securities Inc., Banc of America Securities LLC, Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC as joint book-running managers and representatives of the underwriters on an SEC-registered offering by K. Hovnanian Enterprises, Inc. of $250 million aggregate principal amount of its 8.625-percent senior notes due 2017.
K. Hovnanian Enterprises, Inc. is a subsidiary of Hovnanian Enterprises, Inc., which is headquartered in Red Bank, New Jersey, and is one of the nation’s largest builders of residential homes.
The Davis Polk corporate team included partner Michael Kaplan and associates Jeff Ramsay and Alina Fulop. Partner Gail A. Flesher provided environmental advice. Partner Michael Mollerus and associate Grace M. Lee provided tax advice. Noreen Faughnan was the legal assistant for the transaction. All members of the Davis Polk team work in the New York office.
