Extra Space Storage Inc. Announces $1 Billion Commercial Paper Note Program
Extra Space Storage Inc. Announces $1 Billion Commercial Paper Note Program
The notes to be offered under the commercial paper note program have not been and will not be registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the notes under the operating company's commercial paper note program.SALT LAKE CITY, Nov. 20, 2024 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (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 established an unsecured commercial paper note program in the United States.
鹽湖城，2024年11月20日 /PRNewswire/ -- extra space storage（"公司"）(紐交所: EXR) 是美國自助存儲設施的領先擁有者和運營商，亦爲標準普爾500指數成分股，今天宣佈其運營合夥企業extra space storage LP（"運營合夥企業"）已在美國建立了一項無擔保商業票據計劃。
Under the terms of the program, the operating partnership may issue from time to time unsecured commercial paper notes up to a maximum aggregate amount outstanding at any one time of $1 billion. The notes will be sold under customary terms in the United States commercial paper note market and will rank pari passu with all of the operating partnership's other unsecured senior indebtedness. The notes will be fully and unconditionally guaranteed by the Company. Note proceeds will be used for general corporate purposes.
根據該計劃的條款，運營合夥企業可以不時發行無擔保商業票據，最高金額在任何時候可達$10億。這些票據將在美國商業票據市場以慣常條款出售，並將與運營合夥企業的其他所有無擔保高級債務平等排名。票據將由公司全額和無條件擔保。票據所得將用於一般企業用途。
The Company expects to realize cost benefits in the commercial paper market versus its $2.0 billion revolving credit facility, and it expects to use its revolving credit facility as a liquidity backstop for the repayment of the notes issued under the commercial paper program.
公司預計在商業票據市場上將實現相較於其$20億循環信貸便利的成本優勢，並預計將利用其循環信貸便利作爲爲票據償還提供的流動性後盾。
The notes to be offered under the commercial paper note program have not been and will not be registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the notes under the operating company's commercial paper note program.
根據商業票據計劃提供的票據尚未註冊且將不會根據1933年證券法進行註冊，並且在沒有註冊或適用的註冊要求豁免的情況下，不得在美國提供或出售。這份新聞稿不構成對銷售或購買運營公司的商業票據計劃下的票據的要約或招攬。
About Extra Space Storage Inc.
關於extra space storage
Extra Space Storage Inc., headquartered in Salt Lake City, is a fully integrated, self-administered and self-managed real estate investment trust, and a member of the S&P 500. As of September 30, 2024, the Company owned and/or operated 3,862 self-storage properties, which comprise approximately 2.7 million units and approximately 296.0 million square feet of rentable storage space operating under the Extra Space brand. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. It is the largest operator of self-storage properties in the United States.
extra space storage Inc. 總部位於鹽湖城，是一家全面整合的、自主管理和自我管理的股權房地產投資信託(reits)，也是標準普爾500指數的成員。截至2024年9月30日，公司擁有和/或運營3862處自助存儲物業，約270萬單位和約29600萬平方英尺的可出租存儲空間，均在extra space品牌下運行。公司在全國各地爲客戶提供衆多方便快捷且安全的存儲單位，包括船舶存儲、房車存儲和業務存儲。它是美國最大的自助存儲物業運營商。
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SOURCE Extra Space Storage Inc.
資料來源：extra space storage
