Extra Space Announces Pricing of $500 Million of 5.400% Senior Notes due 2035
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Extra Space Storage Inc. has announced the pricing of $500 million in 5.400% senior notes due in 2035. The notes were priced at 99.830% of the principal amount and will mature on June 15, 2035.
March 10, 2025 | 11:00 pm
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Extra Space Storage Inc. has priced $500 million in senior notes at 5.400%, maturing in 2035. This move could enhance liquidity and support future growth.
The issuance of $500 million in senior notes at a competitive interest rate suggests a strategic move to secure long-term financing. This can improve liquidity and support growth initiatives, potentially leading to a positive short-term impact on EXR's stock price.
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