| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 600.000 | 7 | Nov-28 | Sr. Unsecured | Baa3 | BBB- | BBB | Fixed | Tsy | T+110 a | T+90 a | 87 | 2.30% | 2 | 99.87100 |
| USD | 400.000 | 12 | Jan-34 | Sr. Unsecured | Baa3 | BBB- | BBB | Fixed | Tsy | T+135 a | T+115 | 115 | 2.70% | 2 | 99.80900 |
Tranche Comments
7 yr: Book size: 2200; First Pay: 2022-05-15; Redemption: 2028-09-15; Registration: Registered; Comments: US$600m 2.30% cpn 7yr(11/15/28) at 99.871, yld 2.32%. Spread: T+87bp. MWC T+15bp. Cusip: 46188BAB8 ;
12 yr: Book size: 1300; First Pay: 2022-07-15; Redemption: 2033-10-15; Registration: Registered; Comments: US$400m 2.70% cpn 12yr(1/15/34) at 99.809 , yld 2.718%. Spread: T+115bp. MWC T+20bp. Cusip: 46188BAC6;
Deal Comments
Active Bookrunners: WFS(B&D), DEU, GSC. Passive bookrunners: BAM, CSG, JPM, MIZ, PNC.
Guarantor(s)
Invitation Homes Inc, Invitation Homes OP GP LLC, IH Merger Sub LLC
Use of Proceeds
Repay loan and for general corporate purposes
AllReportsSurveillanceOther