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PS Business Parks, 5.75% Dep Shares Cumulative Preferred Stock, Series U

Redeemed 12/30/2019

Ticker: PSB-U

Parent Ticker: PSB

OTC Grey Market Temporary Ticker:

Issuance Date: 09/05/2012

1st Call Date: 09/14/2017

Maturity Date: None

Shares Issued: 8,000,000

Overallotment Shares: 1,200,000

Coupon: 5.75%

Face Value: $25.00

Cumulative: Yes

Qualified: No

Quarterly Dividend Amount: 0.359

Payment Months: MAR, JUN, SEP, DEC

Payment Day: Last Day

S&P Rating: BBB

III Rating (In Regards to Dividend Safety Only): B

Moody Rating: Baa2

Fitch Rating: NR