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American Homes 4 Rent Prices $500M Senior Notes at 5.25% Yield Through 2035

Dec 02, 2024over 1 year ago

Contract Type

partnership

CalabasasReal EstateHospitalityProperty ManagementVacation RentalCommercial Real Estate

Description

American Homes 4 Rent's operating partnership, American Homes 4 Rent, L.P., has priced an offering of $500 million aggregate principal amount of 5.250% Senior Notes due 2035. The notes will be used for various purposes including the repayment of outstanding indebtedness, property acquisitions, and general corporate purposes.

Company Information

Company

American Homes 4 Rent

Location

Calabasas, California, United States

About

American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is a nationally recognized brand for rental homes, known for high-quality, good value and resident satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties. As of December 31, 2021, we owned 57,024 single-family properties in selected submarkets in 22 states. Additional information about American Homes 4 Rent is available on our website at www.americanhomes4rent.com.

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