American Homes 4 Rent enters new $1.25B unsecured revolving credit facility due 2028

American Homes 4 Rent

New $1.25B unsecured revolving credit facility replaces existing $1.25B facility that was set to mature April 2025.
Maturity date July 16, 2028, with two six-month extension options available.
Interest rates based on SOFR plus margin ranging from 0.725% to 1.40% for SOFR loans, plus facility fee 0.125%-0.30%.
Includes sustainability pricing adjustment based on achievement of certain metrics.

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