trending Market Intelligence /marketintelligence/en/news-insights/trending/rsWIYxcJ3sqHDPL0L0pvMg2 content esgSubNav
In This List

Public Storage prices €500M debt offering

Blog

Global M&A by the Numbers: Q2 2022

Blog

SEC Climate Disclosure Requirements Heating Up: How to Take Action

Blog

Infographic 2022 Top Tech Trends Shaping Corporations

Blog

Middle East & Africa M&A by the Numbers: Q1 2022


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.