Southfield, MI, April 05, 2022 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing (“MH”) communities, recreational vehicle (“RV”) resorts and marinas, today announced that its operating partnership, Sun Communities Operating Limited Partnership (the "Operating Partnership"), has priced a public offering of $600 million aggregate principal amount of 4.200% senior notes due 2032 (the "Notes"). The public offering price for the Notes was 99.442% of the principal amount for an effective yield to maturity of 4.269%. The Notes will be senior unsecured obligations of the Operating Partnership, guaranteed fully and unconditionally by the Company. The offering is expected to close on or about April 12, 2022, subject to customary closing conditions.
Read more at globenewswire.comSun Communities, Inc. Prices $600 Million of Senior Notes
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