Invitation Homes (INVH) prices $1.0 billion bond offering.

Invitation Homes announced today that it has priced a two-part offering of senior unsecured notes.  The $1.0 billion offering included:

• • • $600 million 2.300% senior unsecured notes due 2028.  The notes were priced to yield 2.320% or +87 basis points to the treasury curve.
    • $400 million 2.700% senior unsecured notes due 2034.  The notes were priced to yield 2.718% or +115 basis points to the treasury curve.

Invitation Homes Inc. (INVH) is one of the largest owners of single-family residential properties in the U.S. with an owned and managed portfolio of 83,503 homes in 17 markets. As of September 30, 2021, INVH had a total market capitalization of approximately $31 billion.

11/01/2021