American Homes 4 Rent (NYSE: AMH) - Secondary Public Offering.
AGOURA HILLS, Calif., Sept. 7, 2016 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) (the "Company") today announced that Alaska Permanent Fund Corporation, a selling shareholder (the "selling shareholder"), has commenced an underwritten secondary public offering of 43,500,000 of the Company's Class A common shares of beneficial interest, $0.01 par value per share (the "Class A common shares"). The Company is not offering any Class A common shares in the offering and will not receive any of the proceeds from the sale of its Class A common shares by the selling shareholder. BofA Merrill Lynch will act as the sole book-running manager for the offering.