Amerco Secures $500M in Senior Notes for Corporate Growth
Company Announcements

Amerco Secures $500M in Senior Notes for Corporate Growth

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.

Related Articles
TheFlyU-Haul Holding Company to hold virtual analyst and investor meeting
TheFlyTrian cuts Disney stake, takes new position in Wendy’s
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!