Meritage Homes Corp. (NYSE:MTH), Ft. Worth, Tex., late Tuesday said its recently announced tender offer for 7% 2014 and 6.25% 2015 notes had netted aggregate principal amounts of $108.1 million and $140 million, respectively, as of the midnight May 3 deadline.

The company was willing to buy back up to $130 million of the 2014 notes. It was offering to buy back only $65 million of the 2015 notes, and, as a result, certain 2015 Notes accepted for purchase will be subject to proration under terms of the tender offer.