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Published on 1/13/2012 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Public Storage calls all $141.25 million of series E preferred shares

By Tali David

Minneapolis, Jan. 13 - Public Storage called all $141.25 million of the depositary shares representing interests in its 6.75% cumulative preferred shares, series E, according to a press release.

The shares will be redeemed on Feb. 20 at $25 each plus accrued dividends from Jan. 1.

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


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