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BRIEF-Public Storage prices inaugural public offering of senior notes
September 13, 2017 / 9:27 PM / 3 months ago

BRIEF-Public Storage prices inaugural public offering of senior notes

Sept 13 (Reuters) - Public Storage

* Public Storage prices inaugural public offering of senior notes

* Public Storage - ‍priced a public offering of $1.0 billion in aggregate principal amount of senior notes in two tranches​

* Public Storage - ‍interest on notes is payable semi-annually on March 15 and September 15 of each year, commencing March 15, 2018​

* Public Storage-first tranche of $500 million principal amount of senior notes due 2022 will bear interest at an annual rate of 2.370%​

* Public Storage - ‍first tranche will be issued at par value and will mature on September 15, 2022​

* Public Storage- second tranche of $500.0 million aggregate principal amount of senior notes due 2027 will bear interest at an annual rate of 3.094%

* Public Storage- second tranche will be issued at par value and will mature on September 15, 2027 Source text for Eikon: Further company coverage:

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