American Homes 4 Rent (AMH) PT Raised to $38 at Morgan Stanley

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American Homes 4 Rent (AMH) Prices 16.3M Share Class A Upsized Common Offering

May 21, 2021 5:49 AM EDT

American Homes 4 Rent (NYSE: AMH) (the "Company") today announced that it has priced an underwritten public offering of 16,300,000 of its Class A common shares of beneficial interest, $0.01 par value per share ("Class A common shares"), of which 5,500,000 shares were offered directly by the Company, and 10,800,000 shares were offered, at the request of the Company, by the forward purchasers (as defined below) or their respective affiliates in connection with the forward sale agreements described below. The underwriters have been granted a 30-day option to purchase an aggregate of up to an additional 2,445,000 Class A... More