debt
confidence high
sentiment neutral
materiality 0.55
Extra Space Storage LP prices $450M of 5.500% senior notes due 2030
Extra Space Storage Inc.
- Notes priced at 98.878% of principal, mature July 1, 2030.
- Offering expected to close on or about June 16, 2023.
- Net proceeds to repay lines of credit and for general corporate purposes, including acquisitions.
- Notes fully guaranteed by Extra Space Storage Inc. and certain subsidiaries.