Reported Earlier, Public Storage Prices Inaugural C$400M Canadian Senior Notes Offering Due 2033 At 4.540% Interest, Proceeds To Replenish Cash Used For Public Storage Canada Acquisition
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Why It Matters
Public Storage borrowed money by selling bonds to Canadian investors, promising to pay back in 2033 at a 4.5% rate. This helps them pay for buying storage buildings in Canada, so watch if the company is spending lots of cash on big purchases.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.