Company: INVH
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001687229-25-000036
Chunk: 71

Company: Invitation Homes Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 71
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, including the Securitizations; (ii) closing costs in connection with the Unsecured Notes; and (iii) general costs associated with our operations and other corporate purposes, including acquisitions. Interest on the Unsecured Notes is payable semi-annually in arrears.

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INVITATION HOMES INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(dollar amounts in thousands)(unaudited)

The following table sets forth a summary of our Unsecured Notes as of June 30, 2025 and December 31, 2024:InterestRate(1)June 30,2025December 31, 2024Total Unsecured Notes, net(2)2.00% — 5.50%$3,827,937 $3,826,544 Deferred financing costs, net(23,952)(25,856)Total$3,803,985 $3,800,688 (1)Represents the range of contractual rates in place as of June 30, 2025.(2)Net of unamortized discount of $22,063 and $23,456 as of June 30, 2025 and December 31, 2024, respectively. Maturity dates for the Unsecured Notes range from May 2028 through May 2036 (see “Debt Maturities Schedule” for additional information).Debt IssuancesDuring the six months ended June 30, 2025 and 2024, no Unsecured Notes were issued.PrepaymentsThe Unsecured Notes are redeemable in whole at any time or in part from time to time, at our option, at a redemption price equal to (i) 100% of the principal amount to be redeemed plus accrued and unpaid interest and (ii) a make-whole premium calculated in accordance with the respective loan agreements if the redemption occurs in certain amounts or in certain periods that range from one to three months prior to the maturity date. The privately placed Unsecured Notes require any prepayment to be an amount not less than 5% of the aggregate principal amount then outstanding.GuaranteesThe Unsecured Notes are fully and unconditionally guaranteed, jointly and severally, by INVH and two of its wholly owned subsidiaries, the General Partner, and IH Merger Sub, LLC (“IH Merger Sub”).Loan CovenantsThe Unsecured Notes issued publicly under our registration statement contain customary covenants