debt
confidence high
sentiment neutral
materiality 0.30
AMERCO offers up to $3.2M in secured notes (Series UIC-9L,10L,11L) at 3.00%-4.00%
U-Haul Holding Co /NV/
- Offering of up to $3,232,000 in aggregate principal amount of Series UIC-9L,10L,11L Secured Notes.
- Interest rates between 3.00% and 4.00% per year; maturities from 2 to 7 years; fully amortizing.
- Proceeds to reimburse subsidiaries for collateral acquisition/development and for general corporate purposes.
- Notes secured by first-priority lien on specified collateral; not guaranteed by subsidiaries.
- Offered via shelf registration on Form S-3; investors must first join U-Haul Investors Club.