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Public Storage, 8 1/4% Dep Shares Cumul Preferred Stock, Series K
Ticker Symbol: PSA-K* CUSIP: 74460D778 Exchange: NYSE
* NOTE: This security is no longer trading as of 1/20/2004
Security has been Called for: Tuesday, January 20, 2004
Public Storage expects to use the net proceeds of the Series W and Series X preferreds to fund the redemption their 8.25% Series K Cumulative Preferred Stock ($115 million) which is redeemable on January 19, 2004, and their 8.25% Series L Cumulative Preferred Stock ($115 million) which is redeemable on March 10, 2004.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: Public Storage Inc., Depositary Shares each representing 1/1,000 of a share of 8 1/4% Cumulative Preferred Stock, Series K, liquidation preference $25 per depositary share, redeemable at the issuer's option on or after 1/19/2004 at $25 per depositary share plus accrued and unpaid dividends, with no stated maturity, and with distributions paid quarterly on 3/31, 6/30, 9/30 & 12/31 to holders of record on the date fixed by the board, not more than 45 days or less than 15 days prior to the payment date. In regard to the payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (PSA)
IPO - 1/19/1999 - 4.60 Million Shares @ $25.00/share.
Link to IPO Prospectus
Market Value $118.0 Million
Company's Online Information Links
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Company's Online SEC EDGAR Filings |
Company's Email Address Links |
Address and Phone Numbers |
Address: 701 Western Avenue, Glendale, CA 91201 |
Main Phone Number |
818-244-8080 |
Fax Number |
818-553-2388 |
Investor Contact
Ryan Burke
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818-244-8080
Ext: 1141
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Toll Free Phone Number |
800-447-8673 |
CEO - Ronald L. Havner, Jr. |
CFO - E. John Reyes |
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