debt
confidence high
sentiment neutral
materiality 0.60
American Homes 4 Rent issues $600M of 5.500% Senior Notes due 2034
American Homes 4 Rent
- $600M aggregate principal of 5.500% Senior Notes due Feb 1, 2034 issued at 99.893% of par.
- Net proceeds ~$594M after discounts and expenses; offering closes Jan 30, 2024.
- Proceeds allocated to Eligible Projects (green bond framework) or to repay outstanding securitized debt.
- Underwriters: Wells Fargo, BofA Securities, J.P. Morgan.