An affiliate of American Homes 4 Rent (AMH) announced it plans to launch the offering of a securitization transaction this week.

The transaction was made in hopes of reducing the company’s cost of capital over the long term.

According to the report, “The transaction involves the issuance and sale of single-family rental pass-through certificates that represent beneficial ownership interests in a loan secured by a portion of the Company's portfolio of single-family properties sold to one of its affiliates.”

Since the certificates will be offered and sold in the United States in accordance with Rule 144A, little information is given about the deal.