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Extra Space Storage to redeem senior notes due 2033

Self-storage real estate investment trust Extra Space Storage Inc. and its operating partnership offered to repurchase all the outstanding 2.375% exchangeable senior notes due 2033.

The repurchase offer will expire at 5 p.m. ET on June 28.

The redemption date is July 5, with the notes to be redeemed at 100% of their principal amount, plus applicable interest.

As of June 8, there was roughly $11.5 million of the notes outstanding.