{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-092182","form_type":"8-K","ticker":"PSA","cik":"0001393311","company_name":"Public Storage","filed_at":"2024-04-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.208593+00:00","generated_at":"2026-06-03T23:58:41.819341+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Public Storage subsidiary PSOC to issue $1.0B senior notes in two tranches","bullets":["PSOC to issue $700M floating rate senior notes due 2027 at SOFR+70bps, 100% of par.","PSOC to issue $300M additional 5.350% senior notes due 2053 at 98.249% of par.","Notes are guaranteed by Public Storage; expected closing April 16, 2024.","Net proceeds to repay $700M floating rate notes due 2024 and for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-092182","json":"https://secwatch.observer/filing/0001193125-24-092182.json","markdown":"https://secwatch.observer/filing/0001193125-24-092182.md","text":"https://secwatch.observer/filing/0001193125-24-092182.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393311/000119312524092182/0001193125-24-092182-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393311/000119312524092182/d819345d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T23:58:41.819341+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"308b41f1b31f9761d4e77a5d351c7adac89a6b26","claim":"Public Storage entered into Underwriting Agreement with Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC valued at $1.0 billion aggregate principal amount of senior notes (effective 2024-04-09).","evidence_excerpt":"On April 9, 2024, Public Storage (the “Company”) and Public Storage Operating Company, a subsidiary of the Company (“PSOC”), entered into an underwriting agreement (the “Underwriting Agreement”) with Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC, as joint book-running managers of the several underwriters named therein (the “Underwriters”), for the sale of $1.0 billion aggregate principal amount of senior notes in two tranches (collectively, the “Notes”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1393311/000119312524092182/0001193125-24-092182-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC"},{"label":"Value","value":"$1.0 billion aggregate principal amount of senior notes"},{"label":"Effective","value":"2024-04-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}