Mid-America Apartment Communities issues fixed-income investor update on credit ratings, debt profile and leverage metrics
MAA•Share repurchases
Shareholder return actions featured repurchase of 940,433 shares at a weighted average price of USD 130.54, or USD 122.77 million.
Credit ratings and capitalization
Mid America Apartment Communities outlined a USD 22.2 billion total capitalization, backed by A3/A- Moody’s and S&P credit ratings.
Debt profile, leverage and capital markets activity
The balance sheet showed USD 5.7 billion total debt at June 30, 2026, with an average interest rate of 3.9% and 87% fixed-rate.
Leverage metrics included 4.5x net debt to adjusted EBITDAre, with debt plus preferred at 25.8% of total capitalization.
Capital markets activity in 2026 year-to-date included USD 200 million unsecured senior notes at a 4.61% effective rate.
