Extra Space Storage Inc. (EXR): debt financing — Extra Space Storage LP issues $600M of 5.900% Senior Notes due 2031

Extra Space Storage Inc.

Aggregate principal $600M, interest 5.900% per annum, maturity Jan 15, 2031.
Public offering price 99.712% of par; interest payable Jan 15 and Jul 15 starting Jul 15, 2024.
Notes are senior unsecured; fully and unconditionally guaranteed by EXR, ESS Holdings Business Trust I and II.
Issuer may redeem at make-whole premium before Nov 15, 2030, after at par.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Extra Space Storage Inc. incurred senior notes of $600,000,000 aggregate principal amount with Computershare Trust Company, N.A., as successor trustee at 5.900% maturing January 15, 2031.

Instrument: senior notes
Principal: $600,000,000 aggregate principal amount
Counterparty: Computershare Trust Company, N.A., as successor trustee
Rate: 5.900%
Maturity: January 15, 2031
Event: incurrence

Exact text from the filing

On December 1, 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 $600,000,000 aggregate principal amount of its 5.900% Senior Notes due 2031 (the “Notes”).

View on SEC.gov

Browse all debt financings →

Extra Space Storage Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-287450

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.