secwatch.observer — SEC 8-K summary
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Issuer:     Extra Space Storage Inc. (EXR)
CIK:        0001289490
Form:       8-K
Filed at:   2024-12-05T23:59:59+00:00
Accession:  0001193125-24-271500
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Extra Space Storage prices $300M add-on of 5.700% notes due 2028
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- Extra Space Storage LP priced $300M additional 5.700% senior notes due April 1, 2028 at 102.857% of par.
- Notes will be fungible with existing $500M of 5.700% notes due 2028 under same indenture.
- Net proceeds to repay lines of credit and for general corporate purposes, including potential acquisitions.
- Interest payable April 1 and October 1 at 5.700% per annum; maturity April 1, 2028.
- Issuer may redeem at make-whole premium until March 1, 2028, then at par.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289490/000119312524271500/0001193125-24-271500-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289490/000119312524271500/d893211d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-271500

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