Preferred Stock Calendar: American Homes' deal upsized

Week of April 28

AMERICAN HOMES 4 RENT:

• $162.5 million of series C participating preferred shares, upsized from $100 million

• $24,375,000 greenshoe, upsized from $15 million

• Morgan Stanley & Co. LLC, Raymond James & Associates Inc., Jefferies LLC, Keefe Bruyette & Woods and Robert W. Baird & Co.

• Up to $115 million of its class A common shares registered concurrently, which may be issuable to preferred holders after March 31, 2018

• $25.00 liquidation preference may be increased by a Home Price Appreciation Amount through March 31, 2021

• Convertible at the option of the company beginning March 31, 2018

• Change-of-control conversion

• Listing on the New York Stock Exchange under the ticker symbol "AMHPC"

• Proceeds to pay down debt and to invest in additional properties

• Agoura Hills, Calif.-based real estate investment trust

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