Moody's withdraws LIFE STORAGE's Baa2 ratings due to insufficient information
Moody's Investors Service ("Moody's") has withdrawn the Baa2 issuer rating, Baa2 senior unsecured rating and (P)Baa2 senior unsecured shelf rating of LIFE STORAGE LP, the main operating subsidiary of Life Storage, Inc. The stable outlook has also been withdrawn. Withdrawals: ..Issuer: LIFE STOR...Life Storage is a real estate investment trust, that owns its assets and conducts its operations through Life Storage LP (the Operating Partnership) and subsidiaries of the Operating Partnership. The company acquires, owns and manages self-storage properties. The company's self-storage properties in the United States conduct business under the name Life Storage?. The company manages certain properties located in the province of Ontario, Canada, under the Bluebird Self Storage brand. The company's self-storage facilities provide storage space to residential and commercial users. In addition to storage space, various facilities also provide outside storage for automobiles, recreational vehicles and boats.
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