Company: INVH
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001687229-25-000051
Chunk: 73

Company: Invitation Homes Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 73
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 June 2024 and expires in June 2027. We utilize proceeds from the Unsecured Notes to fund: (i) repayments of then-outstanding indebtedness; (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.The following table sets forth a summary of our Unsecured Notes as of September 30, 2025 and December 31, 2024:InterestRate(1)September 30,2025December 31, 2024Total Unsecured Notes, net(2)2.00% — 5.50%$4,425,551 $3,826,544 Deferred financing costs, net(28,578)(25,856)Total$4,396,973 $3,800,688 (1)Represents the range of contractual rates in place as of September 30, 2025.(2)Net of unamortized discount of $24,449 and $23,456 as of September 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 IssuancesThe following activity occurred during the nine months ended September 30, 2025 and 2024 with respect to the Unsecured Notes:•On August 15, 2025, in a public offering under our shelf registration statement, we issued $600,000 aggregate principal amount of 4.95% Senior Notes which mature on January 15, 2033.•On September 26, 2024, in a public offering under our shelf registration statement, we issued $500,000 aggregate principal amount of 4.88% Senior Notes which mature on February 1, 2035. 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