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Public Storage Inc. 4.00% Cumulative Redeemable Preferred Stock Series P

Ticker: PSA-P

Parent Ticker: PSA

OTC Grey Market Temporary Ticker: PSAPP

Issuance Date: 06/07/2021

1st Call Date: 06/16/2026

Maturity Date: None

Shares Issued: 21,000,000

Overallotment Shares: 3,150,000

Coupon: 4.00%

Face Value: $25.00

Cumulative: Yes

Qualified: No

Quarterly Dividend Amount: 0.25

Payment Months: MAR, JUN, SEP, DEC

Payment Day: Last Day

S&P Rating: BBB+

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

Moody Rating: A3

Fitch Rating: NR

Egan-Jones Rating: NR