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Public Storage 8-K Report: Key Securities & Debt Insights (Feb 2025)

$PSA
Form 8-K
Filed on: 2025-02-24
Source
Public Storage 8-K Report: Key Securities & Debt Insights (Feb 2025)

Based on the provided financial report section, here are the key insights and information extracted:

  1. Entity Information:
  • Name: Public Storage
  • CIK: 0001393311
  • Address: 701 Western Avenue, Glendale, CA 91201-2349
  • Phone: 818-244-8080
  1. Filing Details:
  • Filing Type: 8-K
  • Filing Date: February 24, 2025
  • SEC File Number: 001-33519
  • EIN: 93-2834996
  1. Security Information:
  • Common Stock:
    • Par Value: $0.10
    • Ticker Symbol: PSA (NYSE)
  • Depositary Shares: Each represents 1/1,000 of preferred shares with varying dividend rates:
    • Series F: 5.150% Cum Pref Share, $0.01 par value (Ticker: PSAPrF)
    • Series G: 5.050% Cum Pref Share, $0.01 par value (Ticker: PSAPrG)
    • Series H: 5.600% Cum Pref Share, $0.01 par value (Ticker: PSAPrH)
    • Series I: 4.875% Cum Pref Share, $0.01 par value (Ticker: PSAPrI)
    • Series J: 4.700% Cum Pref Share, $0.01 par value (Ticker: PSAPrJ)
    • Series K: 4.750% Cum Pref Share, $0.01 par value (Ticker: PSAPrK)
    • Series L: 4.625% Cum Pref Share, $0.01 par value (Ticker: PSAPrL)
    • Series M: 4.125% Cum Pref Share, $0.01 par value (Ticker: PSAPrM)
    • Series N: 3.875% Cum Pref Share, $0.01 par value (Ticker: PSAPrN)
    • Series O: 3.900% Cum Pref Share, $0.01 par value (Ticker: PSAPrO)
    • Series P: 4.000% Cum Pref Share, $0.01 par value (Ticker: PSAPrP)
    • Series Q: 3.950% Cum Pref Share, $0.01 par value (Ticker: PSAPrQ)
    • Series R: 4.000% Cum Pref Share, $0.01 par value (Ticker: PSAPrR)
    • Series S: 4.100% Cum Pref Share, $0.01 par value (Ticker: PSAPrS)
  1. Debt Instruments:
  • 0.875% Senior Notes due 2032:
    • Guaranteed by Public Storage Operating Company (Ticker: PSA/32)
  • 0.500% Senior Notes due 2030:
    • Guaranteed by Public Storage Operating Company (Ticker: PSA/30)
  1. Context and Reporting Period:
  • The reporting context indicates that all information is relevant to the date of February 24, 2025.

Summary:

The report provides a snapshot of Public Storage's securities, including common stock and various series of preferred stock with specified dividends. It also outlines the company's debt obligations through senior notes due in 2030 and 2032. This information is crucial for investors assessing the financial health and capital structure of Public Storage.