Southwestern homebuilder William Lyon Homes files for a $200 million IPO
William Lyon Homes, a homebuilder in the southwest United States, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering. The company operates primarily in California, Nevada, Arizona and Colorado.
The Newport Beach, CA-based company, which booked $398 million in sales for the 12 months ended 12/31/2012, plans to list on the NYSE under the symbol WLH. Credit Suisse, Citi and J.P. Morgan are the joint bookrunners on the deal. No pricing terms were disclosed.