2023-06-13 05:12:54 ET
- Extra Space Storage ( NYSE: EXR ) prices a public offering of $450M aggregate principal amount of 5.500% senior notes due 2030.
- The notes were priced at 98.878% of the principal amount and will mature on July 1, 2030.
- The offering is expected to close on or about June 16, 2023.
- Net proceeds will be used to repay amounts outstanding from time to time under its lines of credit, and for other general corporate and working capital purposes, including funding potential acquisition opportunities.
For further details see:
Extra Space Storage prices $450M senior notes offering