Form 8-K · Current Report · Filed 2026-06-25
Public Storage Announces New $3.0 Billion Credit Facility and $1.0 Billion Commercial Paper Program
Public Storage has entered into a new $3.0 billion unsecured revolving credit facility and a $500 million delayed draw term loan facility, replacing its existing $1.5 billion revolving credit facility.
- Filer
- PSA PSA
- Filed
- Accession
- 0001193125-26-282750
- CIK
- 0001393311
- Signal
- Medium impact
- Source
- Official filing on sec.gov ↗
Details
Additionally, the company has established a $1.0 billion unsecured commercial paper program. These actions are intended to strengthen the company's balance sheet, enhance liquidity, and provide financial flexibility for future growth opportunities.
Items reported
Reported Item
Market reaction
Close before filing
$317.92
Next session
+2.0%
Since filing
+2.0%
Latest close
$324.17
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from PSA reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, PSA insiders reported 12 Form 4 transactions — net selling of $194K.
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