debt
confidence high
sentiment neutral
materiality 0.45
Extra Space Storage LP prices $800M of 4.950% senior notes due 2033
Extra Space Storage Inc.
- $800M aggregate principal amount of 4.950% senior notes, maturity January 15, 2033.
- Notes priced at 99.739% of par; fully guaranteed by Extra Space Inc. and certain subsidiaries.
- Net proceeds to repay lines of credit and commercial paper, plus general corporate and acquisition purposes.
- Offering expected to close August 8, 2025; joint book-runners include J.P. Morgan, BMO, PNC, and others.