Extra Space Storage Prices $400M Public Offering Of 5.350% Senior Notes Due 2035; Expected To Close On August 12, 2024
Portfolio Pulse from Benzinga Newsdesk
Extra Space Storage has announced the pricing of a $400 million public offering of 5.350% senior notes due in 2035, with the transaction expected to close on August 12, 2024.
August 07, 2024 | 9:43 pm
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Extra Space Storage has priced a $400 million public offering of 5.350% senior notes due 2035, with the closing expected on August 12, 2024.
The issuance of senior notes can provide Extra Space Storage with additional capital for growth or debt refinancing, which is generally positive for the company's financial health. The market may react favorably to this news.
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