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Public Storage Prices Public Offering of Euro-Denominated Senior Notes
Public StoragePublic Storage(US:PSA) Businesswire·2025-09-27 05:21

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA, the "Company†) announced today that the Company's subsidiary, Public Storage Operating Company ("PSOC†), has priced a public offering of €425 million aggregate principal amount of senior notes due 2034 (the "Notes†). The Notes will be guaranteed by the Company. The Notes will bear interest at an annual rate of 3.500%, will be issued at 99.447% of par value and will mature on January 20, 2034. Interest on the Notes is payable annually. ...