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Extra Space Storage Inc(EXR-N)
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Extra Space Announces Pricing of $450 Million of 5.500% Senior Notes due 2030

PR Newswire - Mon Jun 12, 2023

SALT LAKE CITY, June 12, 2023 /PRNewswire/ -- Extra Space Storage Inc. ("Extra Space") (NYSE: EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, today announced that its operating partnership, Extra Space Storage LP (the "operating partnership"), has priced a public offering of $450 million aggregate principal amount of 5.500% senior notes due 2030 (the "Notes"). The Notes were priced at 98.878% of the principal amount and will mature on July 1, 2030, Wells Fargo Securities, BMO Capital Markets, TD Securities, J.P. Morgan, PNC Capital Markets LLC, Truist Securities, US Bancorp and BofA Securities are acting as the joint book-running managers for the offering. Regions Securities LLC, BOK Financial Securities, Inc., Huntington Capital Markets, Scotiabank, Zions Capital Markets, Citigroup, Fifth Third Securities, Inc., Academy Securities and Ramirez and Co., Inc. are acting as the co-managers for the offering.  The offering is expected to close on or about June 16, 2023, subject to the satisfaction of customary closing conditions.  The Notes will be fully and unconditionally guaranteed by Extra Space and certain of its subsidiaries.

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