05:07 PM EDT, 09/23/2024 (MT Newswires) -- Invitation Homes ( INVH ) said late Monday that its operating partnership, Invitation Homes Operating Partnership LP, priced a $500 million public offering of 4.875% senior notes due 2035.

The notes were priced at 98.855% of the principal amount and will mature on Feb. 1, 2035, according to the company.

The offering is expected to close on Sept. 26.

The company said its operating partnership plans to allocate the net proceeds for general corporate purposes.

Shares of Invitation Homes ( INVH ) were up nearly 1% in after-hours trading.

Price: 36.80, Change: +0.30, Percent Change: +0.82