Taylor Morrison begins noteholder consent solicitations tied to Berkshire Hathaway merger

Berkshire Hathaway agreed to acquire Taylor Morrison, prompting consent solicitations to amend indentures for outstanding senior notes due 2028, 2030 and 2032.

Berkshire Hathaway indicated it intends to unconditionally guarantee each series following closing, with no obligation to provide the guarantees.

Eligible holders can receive a cash consent fee of $1 per $1,000 principal if consents are delivered by July 22, 2026.

Amendments require majority consent for each series, then become effective only once the consent fee is paid and the merger closes.