KBRA Publishes Rating Report for National Storage Affiliates Trust

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) publishes a rating report for National
Storage Affiliates Trust. The report follows KBRA’s April 17 assignment
of a BBB issuer rating with Stable Outlook to NSA OP, LP, the operating
partnership subsidiary of National Storage Affiliates Trust (“NSA”), and
of a BBB- rating to NSA’s outstanding perpetual preferred shares.

To view the report, click here.

Related Publications: (available at www.kbra.com)

• KBRA
  Assigns BBB Issuer Rating to National Storage Affiliates Trust
  Operating Partnership Subsidiary NSA OP, LP; Outlook Stable
• KBRA
  Global Equity REIT and REOC Rating Methodology

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About KBRA and KBRA Europe

KBRA is a full-service credit rating agency registered with the U.S.
Securities and Exchange Commission as an NRSRO. In addition, KBRA is
designated as a designated rating organization by the Ontario Securities
Commission for issuers of asset-backed securities to file a short form
prospectus or shelf prospectus. KBRA is also recognized by the National
Association of Insurance Commissioners as a Credit Rating Provider and
is a certified Credit Rating Agency (CRA) by the European Securities and
Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is
registered with ESMA as a CRA.

Contacts

Analytical:
Mark Berry,
Managing Director
(646) 731-2413
mberry@kbra.com

Eric Thompson, Senior Managing Director
(646) 731-2355
ethompson@kbra.com