American Homes 4 Rent (AMH) expects to net about $481 million from a previously disclosed securitization transaction.
The Agoura Hills, Calif.-based company
American Homes 4 Rent will pay a blended interest rate of the London Interbank Offered Rate plus 154 basis points on the bond issue. In March,
The transaction is expected to close on or about May 21, in a private sale that is subject to certain exemptions and requirements in accordance with Rule 144A under the Securities Act.
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