t62647_8k.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549
 
 
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): April 30, 2008

BEAZER HOMES USA, INC.
(Exact name of registrant as specified in its charter)


DELAWARE
001-12822
54-2086934
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)

1000 Abernathy Road, Suite 1200
Atlanta Georgia 30328
(Address of Principal
Executive Offices)


(770) 829-3700
(Registrant's telephone number, including area code)

None
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
o
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
o
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
o
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 8.01 Other Events

On April 30, 2008, Beazer Homes USA, Inc. received a default notice from The Bank of New York Trust Company National Association, the trustee under the indenture governing the Company’s outstanding $103.1 million unsecured junior subordinated notes due July 2036.  The notice alleges that the Company is in default under the indenture because the Company has not yet furnished certain required information, including our annual audited and quarterly unaudited financial statements.

The notice further alleges that this default will become an event of default under the indenture if not remedied within 30 days.  The Company expects to be able to cure this default on or before May 15, 2008.


SIGNATURES

 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


  BEAZER HOMES USA, INC.  
       
       
       
Date: May 6, 2008
By:
/s/Allan P. Merrill
  
   
Allan P. Merrill
  
   
Executive Vice President and
  
   
Chief Financial Officer