8-KItem 1.01 · Material AgreementItem 9.01 · Financial Statements
Public Storage Prices $500 Million of Senior Notes Due 2036
Filed with the SEC on · Summarized by InvestorsBot
Public Storage and subsidiary Public Storage Operating Company agreed with BofA Securities, BNP Paribas Securities and Morgan Stanley, as representatives of the underwriters, to sell $500 million of 5.600% senior notes due November 2036, guaranteed by Public Storage and issued at 98.293% of par. The offering is expected to close November 6, 2026, with proceeds primarily earmarked to repay commercial paper and partially repay PSOC’s $650 million of 1.500% notes maturing in 2026.