Public Storage unit PS Canada prices C$400 million 4.54% senior notes due 2033
PSA•Redemption provisions
The issuer can redeem the notes at a make-whole price.
Calls from July 16, 2033 are priced at 100% of principal plus accrued interest.
Terms, guarantees and interest payments
Public Storage Operating Company guaranteed the notes alongside Public Storage; obligations are direct, unsecured and unsubordinated at PS Canada.
Interest accrues from Sept. 16, 2026 and will be paid semi-annually on March 16 and Sept. 16, starting March 16, 2027.
PS Canada completes C$400 million notes offering
Public Storage unit PS Canada Finance completed a C$400 million offering of 4.540% Senior Notes due 2033.
The notes were issued under an indenture dated Sept. 16, 2026 with Computershare Trust Company as trustee.
