PSA news

Public Storage reported better-than-expected third-quarter results and raised guidance for 2026, citing strong fundamentals and the successful National Storage Affiliates and Public Storage Canada acquisitions.

Public Storage announced the execution of an indenture for senior unsecured notes due 2026, governed by a trustee. This administrative note documents the debt terms without material market impact.

The company filed an underwriting agreement to issue $825M of senior notes due 2033, a gauge for its capital structure management.

Public Storage announced the completion of its acquisition of Public Storage Canada for approximately $1.2 billion, adding roughly $2 billion in revenue. The deal is expected to be accretive to earnings and provides a platform for future growth in major Canadian markets.

Public Storage reported stronger-than-expected second quarter results and lifted its full-year 2026 guidance. The company closed a merger with NSA and announced an agreement to acquire Public Storage Canada for $1.2 billion.

Public Storage's GP approved amendments to include Series T and Series U Preferred Units. This aligns with a previously announced merger agreement and affects capital structures. The 8-K details the amendment to the limited partnership agreement.

Public Storage is issuing $400M in 4.700% senior notes due 2032, expanding its debt issuance program and extending its near-term maturity profile.

National Storage Affiliates Trust shareholders approved the acquisition by Public Storage. The transaction is expected to close on or about July 22, subject to customary closing conditions.

Public Storage Operating Company entered into an underwriting agreement on July 9, 2026, for the sale of 4.700% Senior Notes due 2032 and 5.150% Senior Notes due 2036. This debt offering will provide the self-storage REIT with capital for general corporate needs.

Postal Realty Trust entered into a legal update to its credit facility dated July 2, 2026. This amendment modifies the terms governing the company's revolving, draw term, and initial term loan facilities.

Public Storage Operating Company entered into a Fourth Amended and Restated Credit Agreement with a syndicate of financial institutions, amending its revolving and term loan facilities. This move amends existing debt terms and provides continued access to committed financing.

Public Storage agreed to acquire Public Storage Canada, the third-largest self-storage platform in Canada, for approximately $1.2 billion USD, funded primarily through operating partnership units and cash. The acquisition marks the company's entry into major Canadian markets with a portfolio of 68 p…