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 5.300% senior unsecured notes due 2033 (the “notes”). the offering is expected to close on december 7, 2023, 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 5.300% senior notes due.
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