AvalonBay Communities Prices $400 Million Senior Notes Offering

Reuters12-02
AvalonBay Communities Prices $400 Million Senior Notes Offering

AvalonBay Communities Inc. has closed a public offering of $400 million in 4.350% Senior Notes due 2030. The notes, which bear interest from December 1, 2025, will pay interest semi-annually beginning June 1, 2026, and mature on December 1, 2030, unless redeemed earlier. Net proceeds of approximately $396.5 million are intended for working capital and general corporate purposes, which may include share repurchases, repayment of existing debt, acquisitions, and investments. The offering was made pursuant to a prospectus supplement dated November 19, 2025, and a base prospectus dated February 23, 2024.

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