AvalonBay Communities, Inc. Prices $300 Million Unsecured Notes Offering (AvalonBay Communities Inc)

(Source: AvalonBay Communities Inc) ARLINGTON, Va.--(BUSINESS WIRE)-- AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the 'Company') announced today that it priced a $300 million offering of unsecured notes (the 'Notes') with a maturity of November 15, 2025 under its existing shelf registration statement. Details of the transaction are set forth in the table below: Principal Amount Maturity Date Issue Price Coupon Rate Yield to Investors 3.500% Notes due 2025 $300 Million November 15, 2025 99.674% 3.500% 3.539% Interest on the Notes will be paid semi-annually on May 15 and November 15, with the first payment to be made on May 15, 2016. Settlement is...