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% Cumulative Preferred Share of Beneficial Interest, Series C N Public Storage. PROSPECTUS SUPPLEMENT May , 2016 Joint Book-Running Managers BofA Merrill Lynch Morgan Stanley UBS Investment Bank Wells Fargo Securities EFTA00595921
perty; (4) rental agreements described in Section 467 of the Code; (5) any security issued by other REITs; (6) certain securities issued by a state, the District of Columbia, a foreign government, or a political subdivision of any of the foregoing, or the Commonwealth of Puerto Rico; and (7) any other arrangement as det
epresenting 1/100th Interest in a Share of Series F Noncumulative Perpetual Preferred Stock The Bank of New York Mellon Corporation * BNY MELLON BofA Merrill Lynch Citigroup Morgan Stanley UBS Investment Bank BNY Mellon Capital Markets, LLC EFTA00597198
he Bank from being consolidated with or merged into another banking corporation organized under the laws of the United States, any State thereof or the District of Columbia, if after such merger or consolidation the Company (or any successor thereto in a permissible merger) and any one or more Intermediate Subsidiaries
res. in book-entry form only, through the facilities of The Depository Trust Company. against payment on or about June , 2016. See "Underwriting." BofA Merrill Lynch Joint Book-Running Managers Morgan Stanley UBS Investment Bank The date of this prospectus supplement is _tune , 2016. EFTA00618204 TABLE OF
e United States, (2) a corporation, or entity treated as a corporation, organized in or under the laws of the United States or any state thereof or the District of Columbia, (3) a trust that (i) is subject to (a) the primary supervision of a court within the United States and (b) the authority of one or more U.S. person
purchasers in global form through the book-entry delivery system of The Depository Trust Company on or about , 2017. Joint Book-Running Managers BofA Merrill Lynch Morgan Stanley UBS Investment Bank Wells Fargo Securities , 2017 EFTA00613223 TABLE OF CONTENTS Prospectus Supplement Page About This Prosp
ity taxable as a corporation for U.S. Federal income tax purposes) created or organized under the laws of the United States or any state thereof, or the District of Columbia, (iii) an estate, the income of which is subject to U.S. Federal income taxation regardless of its source, or (iv) a trust (a) the administration o
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