secwatch.observer — SEC 8-K summary
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Issuer:     U-Haul Holding Co /NV/ (UHAL)
CIK:        0000004457
Form:       8-K
Filed at:   2021-10-04T23:59:59+00:00
Accession:  0000004457-21-000067
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMERCO issues $600M senior unsecured notes at 2.59% weighted avg rate across four tranches
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- Four $150M tranches: 2.43% due 2029, 2.51% due 2030, 2.63% due 2031, 2.78% due 2033.
- Weighted average interest of 2.59%; proceeds for general corporate purposes and U-Haul expansion.
- Notes are senior unsecured, rank pari passu with other unsecured senior debt, and guaranteed by certain subsidiaries.
- Financial covenants include minimum fixed charge coverage, unencumbered property value, and leverage ratios.
- Private placement exempt from registration under Section 4(a)(2) of the Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4457/000000445721000067/0000004457-21-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4457/000000445721000067/uhal-20210929.htm
  HTML page:      https://secwatch.observer/filing/0000004457-21-000067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer