Company: INVH
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001193125-25-179878
Chunk: 58

Company: Invitation Homes Inc.
Filing Date: 2025-08-13
Form: 424B5
Chunk 58
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 notes on the stated maturity of those payments in accordance with the terms of the indenture and the notes.

This discharge may occur only if, among other things, the operating partnership delivered to the trustee an opinion of counsel stating that
the operating partnership has received from, or there has been published by, the U.S. Internal Revenue Service, a ruling or, since the date of execution of the indenture, there has been a change

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in the applicable U.S. federal income tax law, in either case to the effect that, and based thereon such opinion shall confirm that, the holders of the notes will not recognize income, gain or loss for U.S. federal income tax purposes as a result of the deposit, defeasance and discharge and will be subject to U.S. federal income tax on the same amounts and in the same manner and at the same times as would have been the case if the deposit, defeasance and discharge had not occurred. “U.S. Government Obligations” means securities which are direct obligations of, or guaranteed by, the United States for the payment of which its full faith and credit is pledged and which are not callable or redeemable at the option of the issuer thereof, and shall also include a depositary receipt issued by a bank or trust company as custodian with respect to any such U.S. Government Obligation or a specific payment of interest on or principal of any such U.S. Government Obligation held by such custodian for the account of the holder of a depositary receipt, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depositary receipt from any amount received by the custodian in respect of the U.S. Government Obligation evidenced by such depositary receipt. Defeasance of Certain Covenants The indenture provides that upon compliance with certain conditions:

| • |     | the operating partnership may omit to comply with certain covenants set forth in the indenture; and |

| • |     | any omission to comply with those covenants will not constitute a default or an Event of Default with respect to 
 the notes, or covenant defeasance.                                                                               |

The conditions include:

| • |     | depositing with the trustee cash in U.S. dollars and/or U.S. Government Obligations that, through the payment of                                                                                                                                         
 interest and principal in accordance with their terms, will provide money in an amount sufficient in the opinion of