PSA - Public Storage prices $535M Series P Preferred Shares

Public Storage (PSA) prices a public offering of 21M depositary shares at $25.00 per depositary share, with each depositary share representing 1/1,000 of a 4.000% Cumulative Preferred Share of Beneficial Interest, Series P.The offering is expected to result in $525M of gross proceeds.Offering to close on or about June 16, 2021.Press release

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Public Storage prices $535M Series P Preferred Shares