National Storage REIT Announces New Exchangeable Notes

National Storage REIT (AU:NSR) has released an update.

National Storage REIT (NSR) has issued a Cleansing Notice for their new guaranteed exchangeable notes, enabling the trading of NSR’s Stapled Securities to retail investors without further disclosure. The notes, aimed at raising A$300 million, will be issued to sophisticated investors and do not require shareholder approval, utilizing NSR’s existing placement capacity. Investors should seek independent advice and ensure they comply with applicable laws when considering this investment opportunity.

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