Avalonbay communities, inc. prices $400 million senior notes offering

Arlington, va.--(business wire)--avalonbay communities, inc. (nyse: avb) (the “company”) announced today that it priced an underwritten public offering of $400 million of 5.350% senior unsecured notes due 2034 (the “notes”). the offering is expected to close on may 14, 2024, subject to the satisfaction of customary closing conditions. details of the offering are set forth in the table below: principal amount   maturity date   issue price   coupon rate   yield to investors                   5.35.
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