Public Storage Issues Units to Former National Storage Affiliates Holders
Filed with the SEC on · Summarized by InvestorsBot
On the closing date of its partnership merger, Public Storage issued approximately 4.1 million Public Storage OP Units and 660,371 Series T-1 Preferred Units to former holders of National Storage Affiliates OP units and Series A-1 Preferred Units. The securities were issued without registration under the Securities Act, relying on the Section 4(a)(2) exemption.