05:08 PM EST, 12/11/2024 (MT Newswires) -- Mid-America Apartment Communities ( MAA ) said late Wednesday its operating partnership Mid-America Apartments priced a $350 million offering of 4.950% senior unsecured notes due 2035.

The notes were priced at 99.170% of the principal amount, Mid-America Apartments said.

The offering is set to close on Dec. 18 and net proceeds will be used to repay borrowings and for general corporate purposes.