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25.07.2023 07:23:28 - dpa-AFX: Public Storage Prices Offering Of $2.2 Bln Of Senior Notes
WASHINGTON (dpa-AFX) - Public Storage (PSA), a self storage company, said on
Tuesday that it has priced a public offering of $2.2 billion aggregate principal
amount of senior notes.
The company will use the net proceeds from the transaction to fund the recently
announced acquisition of Simply Self Storage and general corporate purpose.
The offering is expected to be closed on July 26.
The notes will be issued in four tranches with an initial weighted average
interest rate of around 5.3 percent. The multi-tranche offering includes the
company's inaugural 30-year senior note offering.
BofA Securities, Inc. and J.P. Morgan Securities LLC, acted as joint
book-running managers of the offering.
Copyright(c) 2023 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
Tuesday that it has priced a public offering of $2.2 billion aggregate principal
amount of senior notes.
The company will use the net proceeds from the transaction to fund the recently
announced acquisition of Simply Self Storage and general corporate purpose.
The offering is expected to be closed on July 26.
The notes will be issued in four tranches with an initial weighted average
interest rate of around 5.3 percent. The multi-tranche offering includes the
company's inaugural 30-year senior note offering.
BofA Securities, Inc. and J.P. Morgan Securities LLC, acted as joint
book-running managers of the offering.
Copyright(c) 2023 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
PUBLIC STORAGE DL-,10 | 867609 | Frankfurt | 253,900 | 13.05.24 15:29:01 | -2,900 | -1,13% | 0,000 | 0,000 | 254,100 | 256,800 |
