Extra Space Storage completed an underwritten public offering of $550 million of 4.900% senior unsecured notes due 2032. Issued by Extra Space Storage LP and guaranteed by Extra Space Storage and affiliated trusts, the notes were priced at 99.702% of par and pay interest semiannually beginning February 1, 2027. The indenture includes customary covenants and allows optional redemption, including a make-whole call before January 1, 2032 and par call thereafter. Proceeds enhance the company's financial flexibility and support general corporate purposes.
Agreement details:
- Agreement type: Public offering of senior unsecured notes under Indenture
- Counterparty: Public investors
- Signed / Effective: Jul 06 2026 / same
- Duration / Termination: Until Feb 01 2032
- Reason: Strengthen liquidity and optimize capital structure
Original SEC Filing:
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