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Article: AvalonBay Communities, Inc. Announces Final Results of Its Tender Offer for Medium-Term Notes.
- Article from:
- Real Estate Weekly News
- Article date:
- October 23, 2009
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AvalonBay Communities, Inc. ("AvalonBay" or the "Company") (NYSE:AVB) announced that it accepted for purchase the principal amount of its outstanding notes set forth below, which were validly tendered pursuant to its previously announced cash tender offer for such notes (the "Tender Offer"). The Tender Offer expired at 12:00 midnight, New York City time, on Monday, October 5, 2009. Payment for the notes purchased pursuant to the Tender Offer was made on Tuesday, October 6, 2009. The aggregate principal amount of notes accepted for payment was $300 million. The aggregate consideration for the notes accepted for payment, including accrued and unpaid interest of ...