Public Storage prices USD 900 million senior notes offering in two tranches

Public Storage

Public Storage

PSA

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  • Public Storage priced USD 900 million of senior notes in two tranches, issued by Public Storage Operating Co. with a parent guarantee.
  • USD 400 million 4.7% senior notes due 2032, priced at 99.283% of par; interest paid Feb. 1 and Aug. 1 starting Feb. 1, 2027.
  • USD 500 million 5.15% senior notes due 2036, priced at 98.553% of par; interest paid Feb. 15 and Aug. 15 starting Feb. 15, 2027.
  • Closing expected July 20, 2026; proceeds earmarked for the pending National Storage Affiliates acquisition, fees, and general corporate purposes.


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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-301175), on July 13, 2026, and is solely responsible for the information contained therein.

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