secwatch.observer — SEC 8-K summary
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Issuer:     Public Storage (PSA)
CIK:        0001393311
Form:       8-K
Filed at:   2025-06-30T23:59:59+00:00
Accession:  0001193125-25-152693
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393311/000119312525152693/0001193125-25-152693-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393311/000119312525152693/d27411d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-152693

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