---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-151300"
form_type: "8-K"
ticker: "PSA"
cik: "0001393311"
company_name: "Public Storage"
filed_at: "2025-06-27T23:59:59+00:00"
generated_at: "2026-05-18T15:41:14.571065+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Public Storage issues $875M in two-tranche senior notes at 4.375% (2030) and 5.000% (2035)

## Summary
- $475M of 4.375% senior notes due 2030 issued at 99.707% of par; $400M of 5.000% notes due 2035 at 99.557%.
- Net proceeds will repay $400M floating-rate notes due 2025 and fund acquisitions, general corporate purposes.
- Notes are issued by Public Storage Operating Company and guaranteed by Public Storage.
- Offering expected to close June 30, 2025, under a shelf registration filed Dec 2024.

## SEC filing metadata
- accession: 0001193125-25-151300
- form_type: 8-K
- ticker: PSA
- cik: 0001393311
- company_name: Public Storage
- filed_at: 2025-06-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1393311/000119312525151300/0001193125-25-151300-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393311/000119312525151300/d933962d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-151300
- JSON: https://secwatch.observer/filing/0001193125-25-151300.json
- Plain text: https://secwatch.observer/filing/0001193125-25-151300.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.