National Storage Affiliates Trust
|Deal Type||Debt Capital Markets|
Senior Notes due 2030
Senior Notes due 2032
|Client & Transactional Partners||National Storage Affiliates Trust||Our Role||Joint Lead Placement Agent|
On July 24, 2020, National Storage Affiliates Trust (the “Company”) completed a private placement of $250 million principal amount of senior unsecured notes (the “Notes”). The net proceeds from the issuance of the Notes will be used to repay borrowings under the revolving credit facility and for general corporate purposes.
KeyBanc Capital Markets (“KBCM”) served as Joint Placement Agent on the transaction. The financing marks KBCM’s first deal serving as a Lead Placement Agent, which follows KBCM serving as a Co-Placement Agent on the Company’s inaugural private placement transaction in June 2019.
The undersigned acted as Joint Placement Agent for National Storage Affiliates Trust.