AvalonBay Communities, Inc. Completes $400M Senior Notes Offering

Details

closed the public offering of $400 million principal amount of its 5.000% Senior Notes due 2035. The notes bear interest from July 10, 2025, with interest payable semi-annually beginning on February 1, 2026. The company intends to use the net proceeds for working capital, land acquisitions, development, and refinancing other indebtedness. The offering was made pursuant to a prospectus supplement and a base prospectus. The legal opinion and consent of counsel regarding the legality of the securities are filed as exhibits.

Items reported

Exhibits (3)

About AvalonBay Communities, Inc.

AvalonBay Communities, Inc. is a real estate investment trust specializing in multifamily residential properties across major U.S. coastal markets. The company focuses on the development, redevelopment, acquisition, ownership, and operation of apartment communities, primarily in New England, the New York/New Jersey metropolitan area, the Mid-Atlantic region, the Pacific Northwest, and Northern and Southern California. Its portfolio is organized into segments that include established or same-store communities, other stabilized communities, and development or redevelopment communities, reflecting different stages of asset maturity and income generation. AvalonBay Communities, Inc. operates its properties under multiple brands tailored to distinct renter profiles and price points, enhancing its reach within the multifamily housing sector. Headquartered in Arlington, Virginia, the company plays a significant role in providing rental housing in high-demand urban and suburban markets, serving a broad tenant base ranging from young professionals to families seeking amenity-rich, professionally managed apartment living.