MAA prices $350 million senior notes due 2031 at 5.350%
Filed with the SEC on · Summarized by InvestorsBot
Mid-America Apartments, L.P. priced $350 million of 5.350% senior unsecured notes due December 15, 2031, at 99.584% of principal value. The offering is expected to close on November 12, 2026, subject to customary conditions, with net proceeds intended to repay borrowings under MAA’s revolving credit facility and commercial paper program and for general corporate purposes, including potential debt repayment or apartment community investments.