debt
confidence high
sentiment neutral
materiality 0.50
Public Storage prices C$400M 4.540% senior notes due 2033
Public Storage
- PS Canada Finance ULC issues C$400M senior notes; guaranteed by Public Storage and PSOC.
- Notes bear 4.540% annual interest, mature Sept 16, 2033; semi-annual payments from Mar 2027.
- Offering expected to close Sept 16, 2026; proceeds to replenish cash for Canada acquisition and general corporate use.
- Underwriting agreement signed Sept 9, 2026 with Scotia Capital Inc. and TD Securities Inc.