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0 0 0.00255015300918065 0.00272016320979265 -0.00772526351581094 -0.00306018361101666 0.000680040802448132 -0.00238014280856852
Stock impact report

KBRA Affirms National Storage Affiliates Ratings and Stable Outlook

National Storage Affiliates Trust Common Shares of Beneficial Interest (NSA) 
Last national storage affiliates trust common shares of beneficial interest earnings: 2/24 05:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.nationalstorageaffiliates.com
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has affirmed the BBB ratings for issuer NSA OP, LP—the operating partnership subsidiary of National Storage Affiliates Trust (NYSE:NSA)—and the issuer’s $150 million outstanding privately placed senior unsecured notes. KBRA has also affirmed the BBB- rating for parent NSA’s $218 million outstanding Series A redeemable preferred shares. The affirmations follow our analysis of the issuer’s financial profile and operating characteristics, which remain consistent with its outstanding ratings.National Storage Affiliates is an internally managed REIT with year-end 2019 ownership interests in 742 self-storage properties1 located in 35 states and Puerto Rico.Key Credit Considerations (+) Low Leverage ProfileLeverage represents a low 31.7% based on year-end consolidated debt and current $4.9 billion total market capitalization2, and 35.0% including NSA’s share of debt within off-balance sheet joint ventures. Leverage based on first Show less Read more
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