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Amerco (UHAL) has provided an update.
U-Haul Holding Company successfully issued $500 million in senior unsecured notes through a private placement, with interest rates ranging from 5.86% to 6.00% and maturities from 2032 to 2035. Interest payments are due semiannually, and the company retains the option to prepay the notes. The proceeds will be used for general corporate purposes, and the sale was conducted under an exemption from registration with the Securities Act of 1933.
See more data about UHAL stock on TipRanks’ Stock Analysis page.