SAN FRANCISCO, Feb. 28, 2019 /PRNewswire/ -- Digital Realty
(NYSE: DLR), a leading global provider of data center, colocation
and interconnection solutions, announced today it intends to redeem
all 14,600,000 outstanding shares of its 7.375% Series H Cumulative
Redeemable Preferred Stock (CUSIP: 253868871). Series H
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
1, 2019. The Series H Preferred Stock will be redeemed
for $25.00 per share, which will be
payable in cash, without interest on the redemption date. The
final dividend for the Series H Preferred Stock will be made on
March 31, 2019 to holders of record
as of March 15, 2019. After the
redemption date, Series H Preferred Stock will no longer be deemed
outstanding and all the rights of the holders of Series H Preferred
Stock will terminate, except the right to receive the redemption
price. In addition, because all the issued and outstanding
shares of Series H Preferred Stock are being redeemed, the Series H
Preferred Stock will no longer trade on the New York Stock Exchange
after the redemption date. The Series H Preferred Stock
currently trades on the NYSE under the symbol DLR.PRH.
The notice of redemption and related materials are being mailed
to holders of record of Series H Preferred Stock as of February 28, 2019. 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 H Preferred
Stock to the redemption agent, American Stock Transfer & Trust
Company, LLC.
Questions regarding the redemption of the Series H 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
(415) 738-6500
Investor Relations
John J.
Stewart / Maria S. Lukens
Digital Realty
(415) 738-6500
investorrelations@digitalrealty.com
About Digital Realty
Digital Realty supports the data
center, colocation and interconnection strategies of more than
2,300 firms across its secure, network-rich portfolio of data
centers located throughout North
America, Europe,
Latin America, Asia and Australia. Digital Realty's
clients include domestic and international companies of all sizes,
ranging from cloud and information technology services,
communications and social networking to financial services,
manufacturing, energy, healthcare and consumer products.
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 H 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, 2018, 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