Latham & Watkins Represents Extra Space Storage in US$550 Million Senior Notes Offering

Extra Space Storage Inc. (NYSE: EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, announced that its operating partnership, Extra Space Storage LP, has priced a public offering of US$550 million aggregate principal amount of 4.900% senior notes due 2032. The notes were priced at 99.702% of the principal amount and will mature on February 1, 2032. The offering is expected to close on or about July 6, 2026, subject to the satisfaction of customary closing conditions.

Latham & Watkins LLP represents Extra Space in the offering with a corporate team led by partners Craig Garner, Kevin Reyes, and counsel Anthony Gostanian, with associates Rachel Staub, Sterling Swift, and Zach Kobayashi. Advice was also provided on finance matters by partner Greg Rodgers, with associate Joshua Harriott; and on tax matters by partner Eric Cho, with associate Daniel Mousseri.