PS Business Parks, Inc 5.20% Cumulative Preferred Stock, Series Y

PS Business Parks acquired by Blackstone on 7/20/2022. Ratings withdrawn

Shares were tendered for at a price of $15.33/share and 5.8 million shares were tendered. Shares to delist 1/13/2023

Balance of shares not tendered now trading on the OTC market

Shares were tendered for (again) at a price of $15.33/share on 3/1/2023).

Ticker: PSBYP

Parent Ticker: PSB

OTC Grey Market Temporary Ticker: PSSBP

Issuance Date: 11/30/2017

1st Call Date: 12/07/2022

Maturity Date: None

Shares Issued: 8,000,000

Overallotment Shares: 0

Coupon: 5.20%

Face Value: $25.00

Cumulative: Yes

Qualified: No

Quarterly Dividend Amount: 0.325

Payment Months: MAR, JUN, SEP, DEC

Payment Day: Last Day

S&P Rating: NR

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

Moody Rating: WD

Fitch Rating: NR

Egan-Jones Rating: NR