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Title Of Each Class of Securities To Be Registered
|
| | |
Amount To Be
Registered |
| | |
Maximum
Offering Price Per Unit |
| | |
Maximum
Aggregate Offering Price |
| | |
Amount of
Registration Fee(1) |
| ||||||||||||
AvalonBay Communities, Inc. 1.900% Senior Notes due 2028
|
| | | | $ | 400,000,000 | | | | | | | 99.869% | | | | | | $ | 399,476,000 | | | | | | $ | 37,032 | | |
| | |
Per Senior
Note |
| |
Total
|
| ||||||
Public offering price(1)
|
| | | | 99.869% | | | | | $ | 399,476,000 | | |
Underwriting discount
|
| | | | 0.625% | | | | | $ | 2,500,000 | | |
Proceeds, before expenses, to us
|
| | | | 99.244% | | | | | $ | 396,976,000 | | |
|
BofA Securities
|
| |
Deutsche Bank Securities
|
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PNC Capital Markets LLC
|
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Wells Fargo Securities
|
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Barclays
|
| |
Citigroup
|
| |
Goldman Sachs & Co. LLC
|
| |
J.P. Morgan
|
| |
Morgan Stanley
|
| |
Truist Securities
|
|
| TD Securities | | | BNY Mellon Capital Markets, LLC | | | RBC Capital Markets | | |
Ramirez & Co., Inc.
|
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Scotiabank
|
| |
US Bancorp
|
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| | | | | S-ii | | | |
| | | | | S-1 | | | |
| | | | | S-4 | | | |
| | | | | S-8 | | | |
| | | | | S-11 | | | |
| | | | | S-14 | | | |
| | | | | S-19 | | | |
| | | | | S-20 | | | |
| | | | | S-25 | | | |
| | | | | S-25 | | | |
| | | | | S-25 | | |
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| | | |
|
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| | | | | 82 | | |
Category
|
| |
Eligible Projects and Examples
|
| |
SDG Alignment
|
|
Green Buildings
|
| |
Expenditures related to real estate projects that have received or are expected to receive third-party sustainable certifications or verification, such as:
•
LEED(1) Silver, Gold or Platinum,
•
Energy Star rating of 75 or higher,
•
BREEAM(2) Good, Very Good, Excellent or Outstanding, or
•
equivalent certification.
Expenditures may include acquisitions, design, development, construction, materials, equipment, certification costs, and attributable capitalized interest costs.
|
| | SDG 11 | |
Energy Efficiency
|
| | Expenditures related to design, construction, operation, and maintenance of energy-efficient residences and infrastructure including efficient heating, ventilation, and air conditioning (HVAC), roofs, energy management systems and light emitting diode (LED) lighting that are at least 15% more efficient. | | |
SDG 12
SDG 13 |
|
Renewable Energy
|
| |
Expenditures related to the construction, development, acquisition, maintenance, and operation of renewable energy projects that are long-term and new to the grid, such as solar. Projects may include, but are not limited to:
•
Power purchase agreements (PPAs) and virtual PPAs that are long term (i.e., 5 years or more) and tied to third-party renewable projects.
•
On-site renewable energy projects and storage installations.
|
| |
SDG 7
SDG 13 |
|
Sustainable Water and Wastewater Management
|
| | Expenditures related to increased water-use efficiency. Projects may include, but are not limited to: | | | SDG 6 | |
Category
|
| |
Eligible Projects and Examples
|
| |
SDG Alignment
|
|
| | |
•
Weather-based irrigation systems, and
•
Water fixture upgrades.
|
| | | |
Waste Management
|
| | Expenditures related to reduced waste generation through prevention, reduction, recycling, and reuse. | | | SDG12 | |
Underwriters
|
| |
Principal
Amount of Notes |
| |||
BofA Securities, Inc.
|
| | | $ | 46,000,000 | | |
Deutsche Bank Securities Inc.
|
| | | | 46,000,000 | | |
PNC Capital Markets LLC
|
| | | | 46,000,000 | | |
Wells Fargo Securities, LLC
|
| | | | 46,000,000 | | |
Barclays Capital Inc.
|
| | | | 23,200,000 | | |
Citigroup Global Markets Inc.
|
| | | | 23,200,000 | | |
Goldman Sachs & Co. LLC
|
| | | | 23,200,000 | | |
J.P. Morgan Securities LLC
|
| | | | 23,200,000 | | |
Morgan Stanley & Co. LLC
|
| | | | 23,200,000 | | |
Truist Securities, Inc.
|
| | | | 23,200,000 | | |
TD Securities (USA) LLC
|
| | | | 16,800,000 | | |
BNY Mellon Capital Markets, LLC
|
| | | | 12,000,000 | | |
RBC Capital Markets, LLC
|
| | | | 12,000,000 | | |
Samuel A. Ramirez & Company, Inc.
|
| | | | 12,000,000 | | |
Scotia Capital (USA) Inc.
|
| | | | 12,000,000 | | |
U.S. Bancorp Investments, Inc.
|
| | | | 12,000,000 | | |
Total:
|
| | | $ | 400,000,000 | | |
|
Per Note
|
| | | | 0.625% | | |
|
Total
|
| | | $ | 2,500,000 | | |
| | | | | 1 | | | |
| | | | | 15 | | | |
| | | | | 17 | | | |
| | | | | 17 | | | |
| | | | | 19 | | | |
| | | | | 21 | | | |
| | | | | 22 | | | |
| | | | | 49 | | | |
| | | | | 54 | | | |
| | | | | 55 | | | |
| | | | | 57 | | | |
| | | | | 82 | | | |
| | | | | 82 | | | |
| | | | | 82 | | |
|
BofA Securities
|
| |
Deutsche Bank Securities
|
| |
PNC Capital Markets LLC
|
| |
Wells Fargo Securities
|
| ||||||
|
Barclays
|
| |
Citigroup
|
| |
Goldman Sachs & Co. LLC
|
| |
J.P. Morgan
|
| |
Morgan Stanley
|
| |
Truist Securities
|
|
| TD Securities | | | BNY Mellon Capital Markets, LLC | | | RBC Capital Markets | | |
Ramirez & Co., Inc.
|
| |||
| | | |
Scotiabank
|
| |
US Bancorp
|
|
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