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Prospect News home > News index > List of issuers A > Headlines for Avalonbay Communities, Inc. > News item
Published on 11/4/2015 in the Prospect News Investment Grade Daily.

AvalonBay Communities intends to sell medium-term fixed-rate notes

By Aleesia Forni

Virginia Beach, Nov. 4 – AvalonBay Communities, Inc. is in the market with an offering of medium-term fixed-rate notes, according to a 424B2 filed with the Securities and Exchange Commission on Wednesday.

Barclays, Goldman Sachs & Co. and Wells Fargo Securities LLC are the joint bookrunners.

Proceeds will be used for working capital, capital expenditures and other general corporate purposes.

The manager and developer of apartment communities is based in Arlington, Va.


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