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American Homes 4 Rent unit closes $500M debt offering

The operating partnership of residential real estate investment trust American Homes 4 Rent wrapped up a $500 million offering of 4.250% senior notes due Feb. 15, 2028.

Interest on the notes will be paid semiannually on Feb. 15 and Aug. 15 of each year, starting August 15. U.S. Bank NA is trustee for the notes.