trending Market Intelligence /marketintelligence/en/news-insights/trending/rsWIYxcJ3sqHDPL0L0pvMg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Public Storage prices €500M debt offering

Commercial Real Estate: 2020 Review

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


Public Storage prices €500M debt offering

Public Storage priced a €500 million offering of its 0.875% senior notes due Jan. 24, 2032, at 99.502% of par value.

Interest on the notes is payable annually every Jan. 24, starting in 2021.

The self-storage real estate investment trust expects to close the public offering Jan. 24. It aims to use net proceeds to invest in and develop self-storage facilities, to invest in entities that own such facilities and to support general corporate functions.

The joint book-running managers are J.P. Morgan Securities PLC, Morgan Stanley & Co. International PLC, Goldman Sachs & Co. LLC and UBS AG London branch.