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

Company: Invitation Homes Inc.
Filing Date: 2025-08-13
Form: 424B5
Chunk 13
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 this prospectus supplement. Our indebtedness may expose us to the risk of default under our debt obligations and limit our ability to obtain additional financing and fulfill our obligations under the notes. Assuming the operating partnership had completed the offering of the notes on June 30, 2025 and without taking into account the use of proceeds from the offering of the notes (and excluding $55.5 million of securitization retained certificates that were retained for risk retention purposes), the notes would have been effectively subordinated to approximately $1.33 billion of total consolidated mortgage debt outstanding. At such date, the Company and the operating partnership had no unsecured indebtedness or preferred equity outstanding, other than $540.0 million outstanding under the operating partnership’s revolving credit facility, $2.48 billion outstanding under the operating partnership’s term loan facilities, $150.0 million of the operating partnership’s 2.46% Senior Notes, Series A, due May 25, 2028, $150.0 million of the operating partnership’s 3.18% Senior Notes, Series B, due May 25, 2036, $650.0 million of the operating partnership’s 2.00% Senior Notes due August 15, 2031, $600.0 million of the operating partnership’s 2.30% Senior Notes due November 15, 2028, $400.0 million of the operating partnership’s 2.70% Senior Notes due January 15, 2034, $600.0 million of the operating partnership’s 4.15% Senior Notes due April 15, 2032, $450.0 million of the operating partnership’s 5.45% Senior Notes due August 15, 2030, $350.0 million of the operating partnership’s 5.50% Senior Notes due August 15, 2033 and $500.0 million of the operating partnership’s 4.875% Senior Notes due February 1, 2035. As of August 8, 2025, the operating partnership had $670.0 million of indebtedness outstanding under its revolving credit facility and $1.08 billion of borrowing capacity available (subject to customary conditions) under its revolving credit facility. The requirements imposed by our debt agreements with regard to servicing the debt through payments of principal and/or interest, as well as the limitations associated with the applicable restrictive covenants, subject us to the potential for defaulting on those debt agreements through the failure to satisfy