Public Storage Prices 5.000% Senior Notes

FRISCO, Texas–(BUSINESS WIRE)–Public Storage (NYSE:PSA, the “Company”) announced today that the Company’s subsidiary, Public Storage Operating Company (“PSOC”), has priced a public offering of $500 million aggregate principal amount of fixed rate senior notes due 2035 (the “Notes”). The Notes will be guaranteed by the Company. The Notes will bear interest at an annual rate of 5.000%, will be issued at 99.182% of par value and will mature on December 15, 2035. We will pay interest on the Notes