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National Storage Affiliates Trust Announces Closing of $550 Million Unsecured Credit Facility

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GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--National Storage Affiliates Trust ("NSA" or the "Company") (NYSE:NSA) announced today that it has closed on an amended and expanded unsecured credit facility, increasing total availability to $550 million, consisting of a $350 million revolving line of credit and a $200 million term loan. Borrowings under the revolving line of credit bear interest at a rate equal to LIBOR plus 1.60% to 2.85%, depending on the leverage ratio. Based on current leverage,

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