Public Storage, founded in 1972 and headquartered in Glendale, California, is a leading provider of self-storage solutions, dedicated to helping individuals and businesses store their belongings securely and conveniently. The company operates thousands of locations across the United States and Europe, offering a wide range of storage unit sizes, climate-controlled options, and ancillary services, catering to various customer needs.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PSA 0.88% 2026-02-15 USDPublic Storage | United States | 2026-02-15 | 0.875 | 4.49 |
| PSA 1.50% 2026-11-09 USDPublic Storage | United States | 2026-11-09 | 1.500 | 3.89 |
| PSA 1.85% 2028-05-01 USDPublic Storage | United States | 2028-05-01 | 1.850 | 3.93 |
| PSA 1.95% 2028-11-09 USDPublic Storage | United States | 2028-11-09 | 1.950 | 3.93 |
| PSA 2.25% 2031-11-09 USDPublic Storage | United States | 2031-11-09 | 2.250 | 4.36 |
| PSA 2.30% 2031-05-01 USDPublic Storage | United States | 2031-05-01 | 2.300 | 4.36 |
| PSA 3.09% 2027-09-15 USDPublic Storage | United States | 2027-09-15 | 3.094 | 3.87 |
| PSA 3.39% 2029-05-01 USDPublic Storage | United States | 2029-05-01 | 3.385 | 4.03 |
| PSA 5.10% 2033-08-01 USDPublic Storage | United States | 2033-08-01 | 5.100 | 4.47 |
| PSA 5.13% 2029-01-15 USDPublic Storage | United States | 2029-01-15 | 5.125 | 4.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Public Storage began issuing bonds in the 1990s, with notable issuances that have supported its growth initiatives, including its 2005 $550 million offering to fund acquisitions. Recently, the company’s bonds have offered yields that remain competitive within the REIT sector, reflecting its strong credit quality and stable cash flow. Significant events include the 2020 issuance of $500 million in senior notes that bolstered its liquidity during the pandemic, underscoring investor confidence in its operational resilience and market leadership.