NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BB-' rating to Meritage Homes Corporation's (NYSE: MTH) proposed offering of $200 million of senior notes due 2025. This issue will be ranked on a pari passu basis with all other senior unsecured debt. Net proceeds from the notes offering will be used for general corporate purposes, including repaying outstanding borrowings under MTH's unsecured revolving credit facility. A complete list of ratings follows at the end of this release. KEY
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