Mid-America Apartment Communities Inc. released a fixed income investor update highlighting key portfolio and balance sheet metrics. The company reported total capitalization of about $22.0 billion, a portfolio of approximately 105,000 apartment units, and Moody’s/S&P credit ratings of A3/A- with stable outlooks. The update noted capital markets activity including expansion of its revolving credit facility to $1.5 billion and its commercial paper program to $750 million, as well as the issuance of $400 million of 7-year unsecured senior notes due January 2033 with a 4.65% coupon. It also provided leverage and debt metrics as of 12/31/2025, including net debt to adjusted EBITDAre of 4.3x, total debt to adjusted total assets of 30.2%, and an average debt interest rate of 3.8% with 87.5% of total debt at fixed rates. You can access the full presentation through the link below. https://www.maac.com

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