Invitation Homes (INVH) issues $300 million private placement notes.
Invitation Homes (INVH) announced today that it has issued $300 million of senior unsecured notes in a private placement. The offering included $150 million of 2.46% senior notes due 2028 and $150 million of 3.18% senior notes due 2036. The company said that proceeds would be used to voluntarily prepay various classes of ABS secured debt.
Invitation Homes is one of the largest owners of single-family residential properties in the U.S. with an owned and managed portfolio of 80,765 homes in 17 markets. As of March 31, 2021, INVH had a total market capitalization of approximately $26 billion.
Invitation Homes is one of the largest owners of single-family residential properties in the U.S. with an owned and managed portfolio of 80,765 homes in 17 markets. As of March 31, 2021, INVH had a total market capitalization of approximately $26 billion.
05/26/2021