SAN FRANCISCO, March 6, 2017 /PRNewswire/ -- Digital
Realty Trust, Inc. (NYSE: DLR), a leading global provider
of data center, colocation and interconnection solutions, announced
today that it intends to redeem all 7,300,000 outstanding shares of
its 6.625% Series F Cumulative Redeemable Preferred Stock
(CUSIP: 253868806). Series F Preferred Stock held
through the Depository Trust Company will be redeemed in accordance
with the applicable procedures of the Depository Trust
Company.
The redemption date will be April
5, 2017. The Series F Preferred Stock will be redeemed
for $25.00 per share, plus all
accrued and unpaid dividends up to, but not including, the
redemption date in an amount equal to $0.0184 per share, for a total payment of
$25.0184 per share (the "Redemption
Price"), which will be payable in cash, without interest on the
redemption date. After the redemption date, Series F
Preferred Stock will no longer be deemed outstanding and all the
rights of the holders of Series F Preferred Stock will terminate,
except the right to receive the Redemption Price. In
addition, because all the issued and outstanding shares of Series F
Preferred Stock are being redeemed, the Series F Preferred Stock
will no longer trade on the New York Stock Exchange after the
redemption date. The Series F Preferred Stock currently
trades on the NYSE under the symbol DLR.PRF.
The notice of redemption and related materials are being mailed
to holders of record of Series F Preferred Stock as of March 6, 2017. As specified in the notice
of redemption, payment of the applicable redemption price, plus any
accrued and unpaid dividends payable on the redemption date,
without interest, will be made only upon presentation and surrender
of the certificates representing the Series F Preferred Stock to
the redemption agent, American Stock Transfer & Trust Company,
LLC.
Questions regarding the redemption of the Series F Preferred
Stock may be directed to American Stock Transfer & Trust
Company, LLC at:
American Stock Transfer & Trust Company, LLC
Operations Center
6201 15th Avenue
Brooklyn, NY 11219
Attention: Reorganization Department
Tel.: (800) 937-5449
For Additional Information:
Andrew P. Power
Chief Financial Officer
Digital Realty Trust, Inc.
(415) 738-6500
Investor Relations
John J.
Stewart / Maria S. Lukens
Digital Realty Trust, Inc.
(415) 738-6500
investorrelations@digitalrealty.com
About Digital Realty
Digital Realty supports the data
center, colocation and interconnection strategies of more than
2,200 firms across its secure, network-rich portfolio of data
centers located throughout North
America, Europe,
Asia and Australia. Digital
Realty's clients include domestic and international companies of
all sizes, ranging from financial services, cloud and information
technology services, to manufacturing, energy, gaming, life
sciences and consumer products. https://www.digitalrealty.com/
Safe Harbor Statement
This press release contains
forward-looking statements that are based on current expectations,
forecasts and assumptions that involve risks and uncertainties that
could cause actual outcomes and results to differ materially,
including statements related to the timing and consummation of the
redemption of the Series F Preferred Stock. For a list and
description of such risks and uncertainties, see the reports and
other filings by Digital Realty Trust, Inc. and Digital Realty
Trust, L.P. with the U.S. Securities and Exchange Commission (the
"SEC"), including Digital Realty Trust, Inc. and Digital Realty
Trust, L.P.'s combined Annual Report on Form 10-K for the year
ended December 31, 2016, and other
documents subsequently filed by the company with the SEC. The
company disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise.
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SOURCE Digital Realty Trust, Inc.