Public Storage Announces Issuance of €425 Million Senior Notes

Summary

On September 26, 2025, Public Storage, through its subsidiary Public Storage Operating Company (PSOC), announced the issuance of €425 million aggregate principal amount of senior notes due 2034. The notes, guaranteed by Public Storage, will bear interest at an annual rate of 3.500% and will be issued at 99.447% of par value. The offering, expected to close on October 3, 2025, will be used to repay existing debt and for general corporate purposes including investments in self-storage facilities.