Jefferies Starts National Storage Affiliates Trust (NSA) at Buy
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National Storage Affiliates Trust Announces Exercise of Underwriters’ Option to Purchase Additional Common Shares in Full
May 14, 2015 6:00 PM EDTGREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- National Storage Affiliates Trust ("NSA" or the "Company") (NYSE: NSA) today announced that the underwriters of the previously announced initial public offering of 20,000,000 of NSAs common shares of beneficial interest, $0.01 par value per share ("common shares"), have exercised in full their option to purchase up to an additional 3,000,000 common shares from NSA at the initial public offering price, less underwriting discounts. Net proceeds from the offering of the 23,000,000 common shares, after deducting underwriting discounts and other transaction costs, total approximately $273 million. In accordance with... More
