CALABASAS, Calif., May 6, 2021 /PRNewswire/ -- American Homes 4
Rent (NYSE: AMH) (the "Company"), a leading provider of
high-quality single-family homes for rent, today announced its
intent to redeem (i) all outstanding shares of its 6.500% Series D
Perpetual Preferred Shares (NYSE: AMH-D), $0.01 par value per share, for cash at a
liquidation preference of $25.00 per
share plus any accrued and unpaid dividends, on June 7, 2021, and (ii) all outstanding shares of
its 6.350% Series E Perpetual Preferred Shares (NYSE: AMH-E),
$0.01 par value per share, for cash
at a liquidation preference of $25.00
per share plus any accrued and unpaid dividends, on June 30, 2021.
About American Homes 4 Rent
American Homes 4 Rent (NYSE: AMH) is a leader in the
single-family home rental industry and "American Homes 4 Rent" is
fast becoming a nationally recognized brand for rental homes, known
for high-quality, good value and tenant satisfaction. We are an
internally managed Maryland real
estate investment trust, or REIT, focused on acquiring, developing,
renovating, leasing, and operating attractive, single-family homes
as rental properties. As of December 31,
2020, we owned 53,584 single-family properties in selected
submarkets in 22 states.
Additional information about American Homes 4 Rent is available
on our website at www.americanhomes4rent.com.
Forward-Looking Statements
This press release contains "forward-looking statements" that
relate to beliefs, expectations or intentions and similar
statements concerning matters that are not of historical fact and
are generally accompanied by words such as "believe," "expect,"
"will," "intend," "anticipate" or other words that convey the
uncertainty of future events or outcomes. These forward-looking
statements include the payment and anticipated timing of the
payment of distributions of the Company's preferred shares. The
Company has based these forward-looking statements on its current
expectations and assumptions about future events. While the
Company's management considers these expectations to be reasonable,
they are inherently subject to risks, contingencies and
uncertainties, most of which are difficult to predict and many of
which are beyond the Company's control and could adversely affect
our cash flows and ability to pay distributions. Additional
information about these and other important factors that may cause
our actual results to differ materially from anticipated results
expressed or implied by these forward-looking statements is
available in the Company's most recent Annual Report on
Form 10-K and other reports filed with the Securities and
Exchange Commission. The Company undertakes no obligation to update
any forward-looking statement to conform to actual results or
changes in expectations, except as required by applicable law.
Contacts:
American Homes 4 Rent
Investor Relations
Anne McGuinness
Phone: (855) 794-2447
Email: investors@ah4r.com
American Homes 4 Rent
Media Relations
Megan Grabos
Phone: (805) 413-5088
Email: media@ah4r.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/american-homes-4-rent-announces-intent-to-redeem-6-500-series-d-and-6-350-series-e-perpetual-preferred-shares-301286137.html
SOURCE American Homes 4 Rent