Avalonbay communities announces $500 million commercial paper note program

Arlington, va.--(business wire)--avalonbay communities, inc. (nyse: avb) (the “company”) announced today that it established a $500 million unsecured commercial paper note program in the united states. under the terms of the program, the company may issue, from time to time, unsecured commercial paper notes up to a maximum aggregate amount outstanding at any one time not to exceed $500 million. the notes will be sold under customary terms in the united states commercial paper note market and wi
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