debt
confidence high
sentiment neutral
materiality 0.30
AMERCO offers up to $6.057M in secured notes (1.50%-2.00%) via U-Haul Investors Club
U-Haul Holding Co /NV/
- Up to $6,057,000 aggregate principal of Series UIC-1L,2L,3L,4L,5L Secured Notes offered.
- Notes bear interest 1.50%-2.00% per year, mature 2-4 years, fully amortizing.
- Proceeds to reimburse subsidiaries for collateral acquisition/development and for general corporate purposes.
- Notes secured by first-priority lien on collateral; not guaranteed by subsidiaries, effectively subordinated.
- Offering made under shelf registration statement; investors must join U-Haul Investors Club.