CubeSmart L.P., founded in 2004 and headquartered in Malvern, Pennsylvania, is a leading self-storage real estate investment trust (REIT) focused on acquiring, owning, and managing self-storage facilities across the United States. With a commitment to delivering superior customer service, CubeSmart operates over 1,000 facilities, offering a variety of storage solutions tailored to meet the needs of both residential and commercial clients.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CUBE 2.00% 2031-02-15 USDCubeSmart L.P. | United States | 2031-02-15 | 2.000 | 4.39 |
| CUBE 2.25% 2028-12-15 USDCubeSmart L.P. | United States | 2028-12-15 | 2.250 | 4.09 |
| CUBE 2.50% 2032-02-15 USDCubeSmart L.P. | United States | 2032-02-15 | 2.500 | 4.54 |
| CUBE 3.00% 2030-02-15 USDCubeSmart L.P. | United States | 2030-02-15 | 3.000 | 4.19 |
| CUBE 3.13% 2026-09-01 USDCubeSmart L.P. | United States | 2026-09-01 | 3.125 | 3.79 |
| CUBE 4.00% 2025-11-15 USDCubeSmart L.P. | United States | 2025-11-15 | 4.000 | 3.96 |
| CUBE 4.38% 2029-02-15 USDCubeSmart L.P. | United States | 2029-02-15 | 4.375 | 4.14 |
| CUBE 5.13% 2035-11-01 USDCubeSmart L.P. | United States | 2035-11-01 | 5.125 | 4.89 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
CubeSmart has actively utilized bond issuances as a key component of its financing strategy. The company first entered the bond market in 2013, issuing $350 million in senior unsecured notes which reflected strong demand and solidified its presence in the corporate bond arena. In recent years, their bond offerings have included maturities and yields competitive within the industry, attracting investor interest. As of late 2023, CubeSmart's recent issuance of $500 million in 10-year notes achieved robust pricing, demonstrating confidence from the market amidst shifting interest rates and market conditions.