|* Data collected 12/03/13 - 12/10/13|
|Public Storage is the world’s largest owner and operator of self-storage facilities, serving over one million customers. Public Storage is a member of the S&P 500 and FT Global 500. Common and preferred stock for Public Storage trade on the New York Stock Exchange.|
Public Storage Borrows $700 Million in a One-Year Term Loan
|GLENDALE, Calif.--(BUSINESS WIRE)--Dec. 2, 2013--
Public Storage (NYSE:PSA) announced that it has entered into a $700
million one-year term loan with Wells Fargo Bank.
John Reyes, the Company’s Senior Vice President and Chief Financial
Officer, stated, “Given the state of the preferred equity market, we
have decided to take advantage of the attractive rate on a short-term
bank loan. We intend to use the borrowings to fund acquisition and
Public Storage Announces the Passing of Harvey Lenkin, Former President and Director
|GLENDALE, Calif.--(BUSINESS WIRE)--Nov. 6, 2013--
It is with great sadness that we announce the passing of Harvey Lenkin,
former President and Director of Public Storage (NYSE:PSA) and a former
Director of PS Business Parks (NYSE:PSB).
Harvey was a leader. He joined Public Storage in 1978 as President of
management operations. At that time, the self-storage industry was in
its infancy. Harvey was instrumental in leading the Company’s growth
Public Storage Reports Results for the Quarter Ended September 30, 2013 and Increases Quarterly Common Dividend by 12% to $1.40 Per Share
|GLENDALE, Calif.--(BUSINESS WIRE)--Oct. 31, 2013--
Public Storage (NYSE:PSA) announced today operating results for the
quarter ended September 30, 2013.
Operating Results for the Three Months Ended
September 30, 2013
For the three months ended September 30, 2013, net income allocable to
our common shareholders was $231.4 million or $1.34 per diluted common
share, compared to $202.5 million or $1.18 per diluted common share for
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