Public Storage, through its subsidiary $Public Storage(PSA-N)$ Operating Company (PSOC), has successfully completed a significant financial transaction on June 30, 2025. The company has issued $475 million in 4.375% Senior Notes due 2030, and $400 million in 5.000% Senior Notes due 2035. These notes, guaranteed by Public Storage, were issued pursuant to an Indenture dated September 18, 2017, and supplemented by a series of agreements, with Computershare Trust Company, N.A. acting as trustee. The issuance is part of a broader strategy to manage debt and finance future operations, as detailed in the prospectus supplement filed under the Securities Act of 1933. This transaction underscores Public Storage's ongoing efforts to optimize its financial structure and maintain robust capital management practices.
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