CALABASAS, Calif., April 5, 2022 /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 all outstanding shares of its 5.875% Series F
Perpetual Preferred Shares (NYSE: AMH-F), $0.01 par value per share, for cash at a
liquidation preference of $25.00 per
share plus any accrued and unpaid dividends, on May 5, 2022.
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 a
nationally recognized brand for rental homes, known for
high-quality, good value and resident 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,
2021, we owned 57,024 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 intent to redeem all outstanding shares of
the Company's 5.875% Series F Perpetual 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 redeem the 5.875% Series F Perpetual
Preferred Shares. 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
Nicholas Fromm
Phone: (855) 794-2447
Email: investors@ah4r.com
American Homes 4 Rent
Media Relations
Megan Grabos
Phone: (805) 413-5088
Email: media@ah4r.com
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SOURCE American Homes 4 Rent