AH4R Files 8-K on 'Other Event' Affecting Preferred, Common Shares

TL;DR

**AH4R just filed an 8-K about an 'Other Event' impacting its preferred and common shares.**

AI Summary

American Homes 4 Rent (AH4R) filed an 8-K on January 24, 2024, reporting an "Other Event" that occurred on January 23, 2024. This filing indicates that AH4R, a Maryland-incorporated company, and its limited partnership, American Homes 4 Rent, L.P., a Delaware-incorporated entity, are providing an update on their corporate structure or activities, specifically mentioning their Series H and Series G Perpetual Preferred Shares and Common Class A shares. This matters to investors as it signals a potential change or update regarding the company's capital structure, which could impact preferred and common shareholders.

Why It Matters

This filing suggests a corporate event that could affect the rights or status of American Homes 4 Rent's preferred and common shareholders, potentially influencing dividend payments or share value.

Risk Assessment

Risk Level: low — The filing is an 'Other Event' 8-K, which typically reports non-material events unless further details are disclosed, and no specific negative impact is detailed.

Analyst Insight

Investors should monitor subsequent filings or company announcements for specific details regarding the 'Other Event' to understand its potential impact on preferred and common shares.

Key Players & Entities

• American Homes 4 Rent (company) — registrant
• American Homes 4 Rent, L.P. (company) — registrant's limited partnership
• January 23, 2024 (date) — date of earliest event reported
• January 24, 2024 (date) — filing date
• Maryland (company) — state of incorporation for American Homes 4 Rent
• Delaware (company) — state of incorporation for American Homes 4 Rent, L.P.

FAQ

Key Financial Figures

• $600,000,000 — ng Partnership agreed to issue and sell $600,000,000 aggregate principal amount of the Opera
• $594 million — ting Partnership, will be approximately $594 million. The offering is expected to close on J

Filing Documents

• d155480d8k.htm (8-K) — 42KB
• d155480dex11.htm (EX-1.1) — 152KB
• d155480dex51.htm (EX-5.1) — 15KB
• g155480g0124111633392.jpg (GRAPHIC) — 2KB
• g155480g0124125925043.jpg (GRAPHIC) — 3KB
• 0001193125-24-014351.txt ( ) — 436KB
• amh-20240123.xsd (EX-101.SCH) — 5KB
• amh-20240123_cal.xml (EX-101.CAL) — 1KB
• amh-20240123_def.xml (EX-101.DEF) — 15KB
• amh-20240123_lab.xml (EX-101.LAB) — 20KB
• amh-20240123_pre.xml (EX-101.PRE) — 15KB
• d155480d8k_htm.xml (XML) — 7KB

01

Item 8.01. Other Events. On January 23, 2024, American Homes 4 Rent, L.P. (the "Operating Partnership"), the operating partnership of American Homes 4 Rent (the "Company"), entered into an Underwriting Agreement (the "Underwriting Agreement") with Wells Fargo Securities, LLC, BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives of the several underwriters named therein (the "Underwriters"), pursuant to which the Operating Partnership agreed to issue and sell $600,000,000 aggregate principal amount of the Operating Partnership's 5.500% Senior Notes due 2034 (the "Notes"). The Notes will be issued at 99.893% of par value with a coupon of 5.500% per annum. Interest on the Notes is payable semi-annually in arrears on February 1 and August 1 of each year, commencing August 1, 2024. The Notes will mature on February 1, 2034. The Operating Partnership estimates that the net proceeds from this offering, after deducting underwriting discounts and commissions and estimated offering expenses payable by the Operating Partnership, will be approximately $594 million. The offering is expected to close on January 30, 2024 subject to the satisfaction of customary closing conditions. The offering was made pursuant to an automatic shelf registration statement filed with the Securities and Exchange Commission on June 9, 2023 (File Nos. 333-272547 and 333-272547-01), a base prospectus, dated June 9, 2023, and prospectus supplement, dated January 23, 2024, filed by the Operating Partnership with the Securities and Exchange Commission pursuant to Rule 424(b) under the Securities Act of 1933, as amended (the "Securities Act"). The Operating Partnership intends to allocate an amount equal to the net proceeds from this offering to finance and/or refinance, in whole or in part, new or existing Eligible Projects (as defined in the prospectus supplement for the offering). Pending full allocation of an amount equal to the net proceeds from the offering to finance and/o

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 1.1 Underwriting Agreement, dated January 23, 2024 by and among American Homes 4 Rent, L.P. and Wells Fargo Securities, LLC, BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives of the several Underwriters named therein. 5.1 Opinion of Hogan Lovells US LLP regarding the legality of the Notes. 23.1 Consent of Hogan Lovells US LLP (included in Exhibit 5.1). 104 Cover Page Interactive Data File (embedded within the Inline XBRL documents).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrants have duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 24, 2024 AMERICAN HOMES 4 RENT By: /s/ Sara H. Vogt-Lowell Sara H. Vogt-Lowell Chief Legal Officer Date: January 24, 2024 AMERICAN HOMES 4 RENT, L.P. By: American Homes 4 Rent, its General Partner By: /s/ Sara H. Vogt-Lowell Sara H. Vogt-Lowell Chief Legal Officer

View Full Filing

View this 8-K filing on SEC EDGAR