The company said on August 15, 2025 that its main operating subsidiary, Invitation Homes Operating Partnership LP, closed the public offering of $600 million in 4.950% Senior Notes due 2033.

1. 01

   The company said on August 15, 2025 that its main operating subsidiary, Invitation Homes Operating Partnership LP, closed the public offering of $600 million in 4.950% Senior Notes due 2033.

2. 02

   The company said the underwriters paid 98.852% of principal for the Notes, which bear interest at 4.950% a year, payable on January 15 and July 15 each year. The first interest payment is due January 15, 2026, and the notes mature on January 15, 2033.

3. 03

   The company said the Notes are senior unsecured obligations guaranteed by Invitation Homes Inc., Invitation Homes OP GP LLC and IH Merger Sub, LLC, and are effectively subordinated to secured debt.

4. 04

   The company said it may redeem the Notes before November 15, 2032 at the greater of a make-whole price based on the Treasury rate plus +15 basis points or 100% of principal, and at 100% of principal after that date. Events of default include cross-defaults on debt over $50.0 million in excess of the stated threshold.

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Original filing

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