Extra Space Arranges New Offering

Posted in News

Salt Lake City-based Extra Space Storage Inc., a real estate investment trust specializing in self-storage, filed with regulators to periodically sell up to $800 million in common and preferred stock, depositary shares, warrants and rights. In a registration statement with the U.S. Securities and Exchange Commission, the company said it will use the proceeds from the offering for general corporate purposes: to develop and buy additional properties, expand and improve existing properties, and repay debt. For more information, visit www.extraspace.com.

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