CubeSmart, the third-largest owner and operator of self-storage properties in the U.S., announced the pricing of $450.0 million aggregate principal amount of 5.125% senior unsecured notes due 2035. The offering is expected to close on August 20, 2025, and the net proceeds will be used for repayment of outstanding indebtedness and general corporate purposes. Wells Fargo Securities, BofA Securities, and PNC Capital Markets LLC are acting as joint book-running managers for the offering. CubeSmart owns or manages 1,532 self-storage properties across the U.S., offering affordable, climate-controlled storage space for residential and commercial customers.

Read more at GlobeNewswire: CubeSmart Announces Pricing of 5.125% Senior Unsecured