Invitation Homes Announces Pricing of $500 Million of 4.950% Senior Notes due 2032

Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes,” the “Company,” or “our”) announced today that its operating partnership, Invitation Homes Operating Partnership LP (the “Operating Partnership”), has priced a public offering of $500 million aggregate principal amount of 4.950% Senior Notes due 2032 (the “Notes”). The Notes were priced at 99.291% of the principal amount and will mature on February 1, 2032. The offering is expected to close on July 8, 2026, subject to the satisfaction of customary closing conditions. The Notes will be fully and unconditionally guaranteed, jointly and severally, by the Company, Invitation Homes OP GP LLC, and IH Merger Sub, LLC.

The Operating Partnership intends to use the net proceeds from the offering for general corporate purposes, which may include the repayment of indebtedness.

Wells Fargo Securities, KeyBanc Capital Markets, Mizuho, US Bancorp, BofA Securities, Capital One Securities, Deutsche Bank Securities, J.P. Morgan Securities LLC, PNC Capital Markets LLC and Truist Securities are acting as the joint book-running managers of the offering. BMO Capital Markets, M&T Securities, BNP PARIBAS, Goldman Sachs & Co. LLC, Morgan Stanley, RBC Capital Markets, Regions Securities LLC, Ramirez & Co., Inc., BNY Capital Markets, Citigroup, Huntington Capital Markets, Scotiabank and Zelman Partners LLC are acting as the co-managers of the offering.