trending Market Intelligence /marketintelligence/en/news-insights/trending/LZMnOAoieY3sv-Pu8pKjyQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Public Storage prices $200M preferred stock offering

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Real Estate

Real Estate Solutions Overview

Public Storage prices $200M preferred stock offering

Public Storage priced a public offering of 8.0 million depositary shares at $25.00 apiece, expecting to raise gross proceeds of $200 million.

Each depository share represents 0.001 of a 4.75% series K cumulative preferred share of beneficial interest.

The self-storage real estate investment trust expects to use the net proceeds to invest in self-storage facilities and in entities that own such facilities, among other uses.

BofA Securities Inc., Morgan Stanley & Co. LLC, UBS Securities LLC and Wells Fargo Securities LLC were joint book-running managers of the offering, which is expected to close on or about Dec. 20.