debt
confidence high
sentiment neutral
materiality 0.60
Extra Space Storage LP issues $400M of 5.350% Senior Notes due 2035
Extra Space Storage Inc.
- Issued $400M aggregate principal amount of 5.350% Senior Notes due January 15, 2035.
- Notes priced at 99.973% of par; interest payable Jan 15 and Jul 15 beginning Jan 15, 2025.
- Notes are senior unsecured obligations of Extra Space Storage LP, fully guaranteed by EXR and two trusts.
- Proceeds used for general corporate purposes; offering under shelf registration filed April 2024.