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Beazer Homes USA Inc., the builder that’s piled up $1.8 billion of losses since the collapse of the U.S. housing market, is buying time until the U.S. economy recovers by replenishing its capital with stock and bond sales.

Beazer sold $300 million of secured debt, raised about $160 million selling stock and hybrid securities and said it would buy back $250 million of bonds last week. The Atlanta-based company’s $300 million of 9.125 percent notes due June 2018 have returned 19 percent in the past six weeks and now trade at more than 97 cents on the dollar, according to data compiled by Bloomberg.

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