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

Ticker: PSB-Y

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

Ex-Dividend Months: MAR, JUN, SEP, DEC

Approx. Ex-Dividend Day: 13

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