- Public Storage Operating completed previously announced issuance of $500 million 5% senior notes due 2035.
- Notes were issued April 6, 2026 by $Public Storage(PSA-N)$ Operating, backed by guarantee from Public Storage.
- Interest accrues from April 6, 2026, paid semiannually starting June 15, 2026.
- Debt ranks as direct, unsecured, unsubordinated obligations.
- Indenture includes limits on additional debt, including requirement to keep unencumbered assets at least 125% of unsecured debt.
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: 0001193125-26-143776), on April 06, 2026, and is solely responsible for the information contained therein.
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