---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-223356"
form_type: "8-K"
ticker: "PSA"
cik: "0001393311"
company_name: "Public Storage"
filed_at: "2025-09-29T23:59:59+00:00"
generated_at: "2026-05-17T05:23:11.039788+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Public Storage issues €425M 3.500% senior notes due 2034 to repay €242M 2025 notes

## Summary
- €425M aggregate principal, 3.500% interest, issued at 99.447% of par, matures Jan 20, 2034.
- Net proceeds to repay €242M of 2.175% senior notes due Nov 2025 and for general corporate purposes.
- Notes issued by PSOC, guaranteed by PSA; expected closing Oct 3, 2025.
- Underwriters include BNP Paribas, Goldman Sachs & Co. LLC, and Morgan Stanley & Co. International plc.

## SEC filing metadata
- accession: 0001193125-25-223356
- form_type: 8-K
- ticker: PSA
- cik: 0001393311
- company_name: Public Storage
- filed_at: 2025-09-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1393311/000119312525223356/0001193125-25-223356-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393311/000119312525223356/d81273d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-223356
- JSON: https://secwatch.observer/filing/0001193125-25-223356.json
- Plain text: https://secwatch.observer/filing/0001193125-25-223356.txt

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