Company: INVH
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001193125-25-179878
Chunk: 31

Company: Invitation Homes Inc.
Filing Date: 2025-08-13
Form: 424B5
Chunk 31
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 percentage of principal amount and rounded to three decimal places) equal to the greater of:

| • |     | (1) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon                                                             
 discounted to the redemption date (assuming the notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) 
 at the Treasury Rate                                                                                                                                                    |

S-20

| plus 15 basis points less (b) unpaid interest accrued thereon to, but not including, the redemption date; and |

| • |     | (2) 100% of the principal amount of the notes to be redeemed, |

plus, in either case, unpaid interest accrued thereon to, but not including, the redemption date. On or after the Par Call Date, the operating partnership may redeem the notes, in whole or in part, at any time and from time to time, at a redemption price in cash equal to 100% of the principal amount of the notes being redeemed plus unpaid interest accrued thereon to, but not including, the redemption date. “Treasury Rate” means, with respect to any redemption date, the yield determined by the operating partnership in accordance with the following two paragraphs. The Treasury Rate shall be determined by the operating partnership as of 4:15 p.m., New York City time (or after such time as yields on U.S. government securities are posted daily by the Board of Governors of the Federal Reserve System), on the third business day preceding the date the notice of redemption is given based upon the yield or yields for the most recent day that appear as of such time on such day in the most recent statistical release published by the Board of Governors of the Federal Reserve System designated as “Selected Interest Rates (Daily)—H.15” (or any successor designation or publication) (“H.15”) under the caption “U.S. government securities—Treasury constant maturities—Nominal” (or any successor caption or heading) (“H.15 TCM”). In determining the Treasury Rate, the operating partnership shall select, as applicable: (1) the yield for the Treasury constant maturity on H.15 exactly equal to the period from the redemption date to the Par Call Date (the “Remaining Life”); or (2) if there is no such Treasury constant maturity on H.15 exactly equal to the Remaining Life, the two yields—one yield corresponding to the Treasury constant maturity on H