Extra Space Storage LP issues $500M of 5.400% Senior Notes due 2035

Extra Space Storage Inc.

Issued $500M aggregate principal amount of 5.400% Senior Notes due June 15, 2035.
Notes priced at 99.830% of par; interest payable semi-annually starting June 15, 2025.
Notes are senior unsecured obligations of Extra Space Storage LP, fully guaranteed by EXR and two trusts.
Proceeds for general corporate purposes; covenants include limits on additional indebtedness and unencumbered assets.
Offered under shelf registration statement effective April 2024; legal opinions filed as exhibits.

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