secwatch.observer — SEC 8-K summary
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Issuer:     Public Storage (PSA)
CIK:        0001393311
Form:       8-K
Filed at:   2025-09-29T23:59:59+00:00
Accession:  0001193125-25-223356
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393311/000119312525223356/0001193125-25-223356-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393311/000119312525223356/d81273d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-223356

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