Attached files
| file | filename |
|---|---|
| EX-1.1 - EQUITY DISTRIBUTION AGREEMENT - Public Storage | d445212dex11.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): November 26, 2012
PUBLIC STORAGE
(Exact name of registrant as specified in its charter)
| Maryland | 001-33519 | 95-3551121 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) | ||
| 701 Western Avenue, Glendale, California | 91201-2349 | |||
| (Address of principal executive offices) | (Zip Code) | |||
(818) 244-8080
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 Other Events
On November 26, 2012, Public Storage (the “Company”) and its affiliate, PSAC Development Partners, L.P. (the “Selling Shareholder”), entered into an Equity Distribution Agreement (the “Agreement”), with Merrill Lynch, Pierce, Fenner & Smith Incorporated, as Sales Agent, in connection with the potential sales by the Selling Shareholder from time to time during the term of the Agreement of up to 712,400 shares of Public Storage’s common shares of beneficial interest, $0.10 per share par value (the “Common Shares”). The Common Shares were previously acquired by the Selling Shareholder in open market purchases. The Agreement is filed as Exhibit 1.1 hereto and is incorporated herein by reference.
The Sales Agent and its affiliates have performed investment banking and advisory services for the Company from time to time for which they have received customary fees and expenses. The lenders under the Company’s credit facility include Bank of America N.A., an affiliate of the Sales Agent.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
| Exhibit 1.1— |
Equity Distribution Agreement dated November 26, 2012 among Public Storage, its affiliate, PSAC Development Partners, L.P. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as Sales Agent. | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: November 27, 2012
| PUBLIC STORAGE | ||
| By: | /s/ Stephanie Heim | |
| Stephanie Heim | ||
| Vice President | ||
Exhibit Index
The following exhibit is being filed with this Report:
| Exhibit 1.1— |
Equity Distribution Agreement dated November 26, 2012 among Public Storage, its affiliate, PSAC Development Partners, L.P. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as Sales Agent. | |