---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-140334"
form_type: "8-K"
ticker: "PSA"
cik: "0001393311"
company_name: "Public Storage"
filed_at: "2026-04-02T23:59:59+00:00"
generated_at: "2026-05-15T07:49:31.372708+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Public Storage subsidiary prices $500M 5.000% senior notes due 2035

## Summary
- $500M aggregate principal, 5.000% interest, issued at 99.182% of par, due Dec 15, 2035.
- Interest payable semi-annually starting June 15, 2026; offering expected to close April 6, 2026.
- Proceeds to repay revolving credit facility and for general corporate purposes, including investments.
- Notes issued by PSOC, guaranteed by Public Storage; joint book-runners BofA Securities and J.P. Morgan.

## SEC filing metadata
- accession: 0001193125-26-140334
- form_type: 8-K
- ticker: PSA
- cik: 0001393311
- company_name: Public Storage
- filed_at: 2026-04-02T23:59:59+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/1393311/000119312526140334/0001193125-26-140334-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393311/000119312526140334/d55390d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-140334
- JSON: https://secwatch.observer/filing/0001193125-26-140334.json
- Plain text: https://secwatch.observer/filing/0001193125-26-140334.txt

## Source-grounded claims
- claim_id: 4ba1c35a532504551e336289bf1b2f2c741dd910
  claim: Public Storage entered into Underwriting Agreement with BofA Securities, Inc. and J.P. Morgan Securities LLC, as joint book-running managers of the several underwriters named therein valued at $500 million aggregate principal amount of senior notes due 2035 (effective 2026-04-01).
  evidence_excerpt: On April 1, 2026, Public Storage (the “Company”) and Public Storage Operating Company, a subsidiary of the Company (“PSOC”), entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as joint book-running managers of the several underwriters named therein (the “Underwriters”), for the sale of $500 million aggregate principal amount of senior notes due 2035 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1393311/000119312526140334/0001193125-26-140334-index.htm

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