National Storage Affiliates Trust (NSA) Announces 8M Share Offering
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National Storage Affiliates Trust Announces Public Offering of 8,000,000 Common Shares
July 20, 2021 4:05 PM EDTGREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- National Storage Affiliates Trust (the Company) (NYSE: NSA) today announced that it has commenced an underwritten public offering of 8,000,000 common shares of beneficial interest of the Company. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 common shares at the public offering price, less underwriting discounts.
The Company intends to contribute the net proceeds of this offering to its operating partnership, which it expects will subsequently use all or a portion of the net proceeds to fund property acquisitions generally,... More
