Public Storage subsidiary issues $875M in senior notes: $475M at 4.375% due 2030 and $400M at 5.000% due 2035

Public Storage

PSOC issued $475M 4.375% Senior Notes due July 1, 2030.
PSOC issued $400M 5.000% Senior Notes due July 1, 2035.
Interest payable semi-annually on Jan 1 and Jul 1, starting Jan 1, 2026.
Notes are unsecured, unsubordinated obligations of PSOC, guaranteed by Public Storage.
Proceeds used for general corporate purposes; covenants include unencumbered assets test.

item 1.01item 2.03item 9.01

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