Public Storage prices C$ 400 million senior notes offering in Canada inaugural deal
PSA•Public Storage prices inaugural Canadian senior notes
- Public Storage priced a public offering of C$400 million fixed-rate senior notes due 2033 in its inaugural Canadian market deal.
- The notes will carry a 4.54% annual coupon, issued at par, with semi-annual interest starting March 16, 2027.
- Expected closing is set for Sept. 16, 2026, subject to customary conditions.
- Net proceeds are earmarked to replenish cash used for the Public Storage Canada acquisition, with remaining funds for general corporate purposes.
