Global Law firm Hogan Lovells has advised AMH (NYSE: AMH), in connection with its new US$1.25 billion sustainability-linked revolving credit facility.
The revolving credit facility provides borrowing capacity and liquidity to AMH of up US$1.25 billion which can be used for, among other things, financing acquisitions and development expenditures. A sustainability component is included whereby the facility pricing can adjust upon the achievement of certain sustainability metrics.
AMH refers to one or more of American Homes 4 Rent, American Homes 4 Rent, L.P. and their subsidiaries and joint ventures. In certain states, they operate under AMH Living or American Homes 4 Rent. AMH is a publicly traded real estate investment trust (REIT) and leading large-scale integrated owner, operator and developer of single-family rental homes.
The Hogan Lovells deal team was led by partner Nathan Cooper (Banking, Washington, D.C.) and senior associate Ao Chen (Banking, New York), with support from partner Michael McTiernan and senior associate Lena Al-Marzoog (both Securities & Public Company Advisory, Washington, D.C.).
