Public Storage Unit Prices $900 Million Senior Notes Offering

MT Newswires Live07-10

$Public Storage(PSA-N)$ (PSA) said late Thursday its Public Storage Operating subsidiary priced a $900 million public offering of fixed-rate senior notes.

The unit plans to issue the notes in two tranches with an interest rate of 4.855%. The first tranche of $400 million notes due Feb. 1, 2032 will have an annual interest rate of 4.700%, while the second tranche of $500 million notes due Aug. 15, 2036, will have an annual interest rate of 5.150%.

The offering is expected to close on July 20.

The subsidiary expects to use the proceeds from the offering to partially fund Public Storage's proposed acquisition of National Storage Affiliates Trust (NSA) and for general corporate purposes.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2650590047?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-10 15:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2650590047","market":"nz","top_or_hot":-1,"title":"Public Storage Unit Prices $900 Million Senior Notes Offering","media":"MT Newswires Live","content":"<html><body><p> $Public Storage(PSA-N)$ (PSA) said late Thursday its Public Storage Operating subsidiary priced a $900 million public offering of fixed-rate senior notes.</p><p>The unit plans to issue the notes in two tranches with an interest rate of 4.855%. The first tranche of $400 million notes due Feb. 1, 2032 will have an annual interest rate of 4.700%, while the second tranche of $500 million notes due Aug. 15, 2036, will have an annual interest rate of 5.150%.</p><p>The offering is expected to close on July 20.</p><p>The subsidiary expects to use the proceeds from the offering to partially fund Public Storage's proposed acquisition of <a href=\"https://laohu8.com/S/NSA\">National Storage Affiliates Trust</a> (NSA) and for general corporate purposes.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Public Storage Unit Prices $900 Million Senior Notes Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPublic Storage Unit Prices $900 Million Senior Notes Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-07-10 15:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> $Public Storage(PSA-N)$ (PSA) said late Thursday its Public Storage Operating subsidiary priced a $900 million public offering of fixed-rate senior notes.</p><p>The unit plans to issue the notes in two tranches with an interest rate of 4.855%. The first tranche of $400 million notes due Feb. 1, 2032 will have an annual interest rate of 4.700%, while the second tranche of $500 million notes due Aug. 15, 2036, will have an annual interest rate of 5.150%.</p><p>The offering is expected to close on July 20.</p><p>The subsidiary expects to use the proceeds from the offering to partially fund Public Storage's proposed acquisition of <a href=\"https://laohu8.com/S/NSA\">National Storage Affiliates Trust</a> (NSA) and for general corporate purposes.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4533","symbol_name":"AQR资本管理(全球第二大对冲基金)","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2650590047","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2650590047","pubTimestamp":1783668700,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Public Storage  said late Thursday its Public Storage Operating subsidiary priced a $900 million public offering of fixed-rate senior notes.The unit plans to issue the notes in two tranches with an interest rate of 4.855%. The first tranche of $400 million notes due Feb. 1, 2032 will have an annual interest rate of 4.700%, while the second tranche of $500 million notes due Aug. 15, 2036, will have an annual interest rate of 5.150%.The offering is expected to close on July 20.The subsidiary expects to use the proceeds from the offering to partially fund Public Storage's proposed acquisition of National Storage Affiliates Trust  and for general corporate purposes.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","REAI":"The Intelligent Real Estate ETF","BK4588":"碎股","BK4585":"ETF&股票定投概念","PSA":"公共存储公司","REZ":"住宅房产信托ETF-iShares","BK4084":"特种房地产投资信托","HAUS":"Residential REIT ETF","INDS":"PACER INDUSTRIAL REAL ESTATE ETF","CAOS":"ALPHA ARCHITECT TAIL RISK ETF","PSA-N":"Public Storage","BK4217":"自存仓储房地产信托","NSA":"National Storage Affiliates Trust"},"translate_title":"公共存储单元定价 9 亿美元优先票据发行","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NSA":1,"REZ":0.6,"CAOS":0.62,"PSA-N":0.9,"REAI":0.6,"HAUS":0.6,"INDS":0.6,"PSA":1},"content_text":"$Public Storage(PSA-N)$ (PSA) said late Thursday its Public Storage Operating subsidiary priced a $900 million public offering of fixed-rate senior notes.The unit plans to issue the notes in two tranches with an interest rate of 4.855%. The first tranche of $400 million notes due Feb. 1, 2032 will have an annual interest rate of 4.700%, while the second tranche of $500 million notes due Aug. 15, 2036, will have an annual interest rate of 5.150%.The offering is expected to close on July 20.The subsidiary expects to use the proceeds from the offering to partially fund Public Storage's proposed acquisition of National Storage Affiliates Trust (NSA) and for general corporate purposes.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2650590047","isCrawlerRequest":true}