---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-168983"
form_type: "8-K"
ticker: "EXR"
cik: "0001289490"
company_name: "Extra Space Storage Inc."
filed_at: "2023-06-16T23:59:59+00:00"
generated_at: "2026-06-13T22:24:06.402964+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Extra Space Storage LP issues $450M of 5.5% Senior Notes due 2030

## Summary
- $450M aggregate principal of 5.500% Senior Notes due 2030 issued on June 16, 2023.
- Notes priced at 98.878% of principal; interest at 5.5% payable Jan 1 and July 1 starting Jan 1, 2024.
- Fully guaranteed by Extra Space Storage Inc., ESS Holdings Business Trust I and II; senior unsecured.
- Maturity July 1, 2030; redeemable at make-whole premium before May 1, 2030, then at par.
- Issued under effective shelf registration; contains covenants limiting additional debt and requiring unencumbered assets.

## SEC filing metadata
- accession: 0001193125-23-168983
- form_type: 8-K
- ticker: EXR
- cik: 0001289490
- company_name: Extra Space Storage Inc.
- filed_at: 2023-06-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1289490/000119312523168983/0001193125-23-168983-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1289490/000119312523168983/d523023d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-168983
- JSON: https://secwatch.observer/filing/0001193125-23-168983.json
- Plain text: https://secwatch.observer/filing/0001193125-23-168983.txt

## Key facts
- Debt Financings
  Extra Space Storage Inc. incurred senior notes of $450,000,000 aggregate principal amount with Computershare Trust Company, N.A., as successor trustee to Wells Fargo Bank, National Association, as trustee at 5.500% per annum maturing July 1, 2030.
  - Instrument: senior notes
  - Principal: $450,000,000 aggregate principal amount
  - Counterparty: Computershare Trust Company, N.A., as successor trustee to Wells Fargo Bank, National Association, as trustee
  - Rate: 5.500% per annum
  - Maturity: July 1, 2030
  - Event: incurrence
  source text: On June 16, 2023, Extra Space Storage LP (the “Issuer”), a Delaware limited partnership and subsidiary of Extra Space Storage Inc. (the “Company”), completed an underwritten public offering of $450,000,000 aggregate principal amount of its 5.500% Senior Notes due 2030 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1289490/000119312523168983/0001193125-23-168983-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
