Public Storage 8-K Filing

This filing details the completion of an offering of C$400 million in Senior Notes due 2033 by PS Canada Finance ULC, a subsidiary of Public Storage. These notes are guaranteed by Public Storage and Public Storage Operating Company. The notes bear a 4.540% annual interest rate, payable semi-annually, and mature on September 16, 2033. The Indenture governing these notes includes covenants that restrict mergers and asset sales for PS Canada, and limit indebtedness for PSOC. The offering was made under a shelf registration statement. This event also constitutes the creation of a direct financial obligation for the registrant.