Public Storage prices C$ 400 million senior notes offering in Canada inaugural deal
Reuters2026/09/09 22:21- Public Storage priced a public offering of C$ 400 million fixed-rate senior notes due 2033 in its inaugural Canadian market deal.
- Notes will carry a 4.54% annual coupon, issued at par, with semi-annual interest starting March 16, 2027.
- Expected closing set for Sept. 16, 2026, subject to customary conditions.
- Net proceeds earmarked to replenish cash used for the Public Storage Canada acquisition, with remaining funds for general corporate purposes.
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