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Armada Hoffler Announces Closing of Inaugural Private Debt Placement
Globenewswire· 2025-07-22 20:15
$115 million of senior unsecured notes issued in three tranchesVIRGINIA BEACH, Va., July 22, 2025 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) (“Armada Hoffler” or the “Company”) announced the closing its inaugural private placement of $115 million in senior unsecured notes. The notes were issued in three tranches with maturities of 3, 5, and 7 years, bearing a blended interest rate of 5.86% and a weighted average maturity of 5.3 years. Proceeds from the offering will be used for general corporate purpose ...