secwatch.observer — SEC 8-K summary
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Issuer:     U-Haul Holding Co /NV/ (UHAL)
CIK:        0000004457
Form:       8-K
Filed at:   2022-01-27T23:59:59+00:00
Accession:  0000004457-22-000006
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMERCO closes $600M senior unsecured note issuance across five tranches with 2.55%-2.88% rates
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- Issued $600M aggregate principal in five series: $100M each of 2.55% due 2030, 2.60% due 2031, 2.68% due 2032; $150M each of 2.73% due 2033, 2.88% due 2035.
- Notes funded on January 27, 2022 at 100% of par; interest payable semiannually on Jan 27 and Jul 27.
- Proceeds used for general corporate purposes; notes are senior unsecured obligations ranking at least pari passu with other unsecured senior debt.
- Covenants include minimum fixed charge coverage, unencumbered property value, and maximum subsidiary unencumbered leverage ratios.
- Guaranteed by subsidiaries that guarantee any material credit facility; customary events of default apply.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4457/000000445722000006/0000004457-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4457/000000445722000006/uhal-20220127.htm
  HTML page:      https://secwatch.observer/filing/0000004457-22-000006

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