Extra Space Storage Inc. filings document the disclosure record of a Maryland REIT whose common stock trades on the New York Stock Exchange under EXR. The company reports results for its self-storage portfolio through Form 8-K earnings releases, including GAAP results, FFO, Core FFO, same-store revenues, operating expenses and net operating income.
Regulatory filings also cover proxy governance, director and executive compensation matters, officer appointments and capital-structure disclosures. Recent material-event reports describe agreements and obligations at Extra Space Storage LP, including credit facilities, public senior note offerings, indenture supplements and guarantees by the company and affiliated guarantors.
Extra Space Storage LP, the operating partnership of Extra Space Storage Inc. (NYSE: EXR), has filed a Rule 424(b)(5) preliminary prospectus to market a new series of senior unsecured notes due 20--, fully and unconditionally guaranteed by the parent and two holding trusts. Size, coupon and maturity are still placeholders, but the notes will pay interest semi-annually, carry an issuer make-whole call prior to the par-call date and be redeemable at par thereafter. The securities rank pari-passu with the partnership’s existing US-$8.6 bn senior unsecured notes and are structurally subordinated to US-$1.1 bn secured notes, US-$1.9 bn term loans, US-$700 m commercial paper and subsidiary liabilities.
Estimated net proceeds of “$--- m” will be used to pay down the US-$2.0 bn unsecured revolver (US-$655 m drawn at 5.27 %), the US-$140 m secured revolver (US-$21 m drawn at 5.74 %) and outstanding CP, with any remainder earmarked for acquisitions and general corporate purposes. Key indenture covenants restrict: (i) total debt ≤60 % of total assets; (ii) secured debt ≤40 % of total assets; (iii) EBITDA/interest ≥1.5×; and (iv) unencumbered assets ≥150 % of unsecured debt. There is no change-of-control put and no exchange listing is planned, leaving liquidity to the dealer market. As of 30 Jun 2025, EXR controlled or managed 4,179 self-storage facilities and held a 95.6 % OP interest.