Invitation Homes Enters New Credit Agreement
Ticker: INVH · Form: 8-K · Filed: Sep 26, 2024 · CIK: 1687229
| Field | Detail |
|---|---|
| Company | Invitation Homes Inc. (INVH) |
| Form Type | 8-K |
| Filed Date | Sep 26, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.01, $500 million, $50.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, financing
Related Tickers: INVTH
TL;DR
INVTH just signed a new credit deal, watch for debt implications.
AI Summary
On September 23, 2024, Invitation Homes Inc. entered into a material definitive agreement, specifically a credit agreement, which creates a direct financial obligation for the company. This agreement is a significant event for the company's financial structure and operations.
Why It Matters
This new credit agreement signifies a change in Invitation Homes' financing structure, potentially impacting its borrowing costs and financial flexibility.
Risk Assessment
Risk Level: medium — Entering into new credit agreements can introduce financial obligations and alter a company's debt profile, which carries inherent risks.
Key Players & Entities
- Invitation Homes Inc. (company) — Registrant
- September 23, 2024 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement did Invitation Homes Inc. enter into?
Invitation Homes Inc. entered into a credit agreement.
What is the date of the earliest event reported in this filing?
The date of the earliest event reported is September 23, 2024.
What is the company's principal executive office address?
The address of the principal executive offices is 5420 LBJ Freeway, Suite 600, Dallas, Texas 75240.
What is Invitation Homes Inc.'s telephone number?
Invitation Homes Inc.'s telephone number is (972) 421-3600.
Under which section of the Securities Exchange Act is this report filed?
This report is filed pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.
Filing Stats: 1,744 words · 7 min read · ~6 pages · Grade level 13.6 · Accepted 2024-09-26 16:31:01
Key Financial Figures
- $0.01 — nge on Which Registered Common stock, $0.01 par value INVH New York Stock Excha
- $500 million — osed an underwritten public offering of $500 million aggregate principal amount of its 4.875
- $50.0 million — tstanding principal amount in excess of $50.0 million at final maturity or upon acceleration
Filing Documents
- d810803d8k.htm (8-K) — 42KB
- d810803dex11.htm (EX-1.1) — 203KB
- d810803dex42.htm (EX-4.2) — 292KB
- d810803dex51.htm (EX-5.1) — 16KB
- d810803dex52.htm (EX-5.2) — 16KB
- g810803dsp109.jpg (GRAPHIC) — 4KB
- g810803g0926100800165.jpg (GRAPHIC) — 2KB
- 0001193125-24-226972.txt ( ) — 822KB
- invh-20240923.xsd (EX-101.SCH) — 2KB
- invh-20240923_lab.xml (EX-101.LAB) — 18KB
- invh-20240923_pre.xml (EX-101.PRE) — 11KB
- d810803d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 1.1 Underwriting Agreement, dated as of September 23, 2024, among the Issuer and the Guarantors, on the one hand, and PNC Capital Markets LLC, Deutsche Bank Securities Inc., Mizuho Securities USA LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein, on the other hand 4.1 Indenture, dated as of August 6, 2021, among the Issuer, the Guarantors and the Trustee, including the form of the Guarantee (incorporated by reference to Exhibit 4.1 to the Current Report on Form 8-K of the Company filed on August 6, 2021) 4.2 Seventh Supplemental Indenture, dated as of September 26, 2024, among the Issuer, the Guarantors and the Trustee, including the form of the Notes 5.1 Opinion of Venable LLP 5.2 Opinion of Sidley Austin LLP 23.1 Consent of Venable LLP (included in Exhibit 5.1) 23.2 Consent of Sidley Austin LLP (included in Exhibit 5.2) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 4 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INVITATION HOMES INC. Date: September 26, 2024 By: /s/ Mark A. Solls Name: Mark A. Solls Title: Executive Vice President, Chief Legal Officer and Secretary