Public Storage calls $247.33 million of series F preferreds at par

By Ashley Montgomery

Kansas City, Kan., Sept. 10 - Public Storage will redeem all depositary shares representing interests in its series F 6.45% cumulative preferred shares, according to a news release.

The shares will be redeemed on Oct. 15 at $25 each plus dividends accrued from Oct. 1 to the redemption date.

Excluding dividends, the total redemption amount is $247,325,000.

Public Storage is a Glendale, Calif., real estate investment trust that acquires, develops, owns and operates self-storage facilities.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.