Public Storage prices $900 million note sale to help fund National Storage Affiliates deal

National Storage Affiliates Trust
Public Storage

National Storage Affiliates Trust

NSA

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Public Storage

PSA

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  • Public Storage is pursuing the acquisition of National Storage Affiliates Trust, with closing expected soon after a July 20, 2026 financing close.
  • Public Storage Operating Company priced USD 900 million of fixed-rate senior notes to help fund the deal, at a 4.855% weighted-average effective rate.
  • If the NSA acquisition is not completed, the notes must be redeemed at 101% of principal plus accrued interest.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Public Storage published the original content used to generate this news brief via Business Wire (Ref. ID: 20260709556390) on July 10, 2026, and is solely responsible for the information contained therein.

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