Preferred Stock OfferingsBy Preferred Stock Channel Staff, updated Sat, December 4, 3:15 AM
|This Slide: #121 of 573|
Slide #121. Digital Realty — Preferred Stock Offering
Digital Realty (NYSE:DLR)
Date of Pricing:
Price Per Share:
Preferred Stock Offering Details:
Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, announced today the pricing of an underwritten public offering of 8,000,000 shares of 5.850% Series K Cumulative Redeemable Preferred Stock with a liquidation preference of $25.00 per share for gross proceeds of $200 million. The company has also granted the underwriters a 30-day option to purchase from the company up to an additional 1,200,000 shares solely to cover over-allotments.
Digital Realty Trust is a real estate investment trust. Co. is a global provider of data center, colocation and interconnection solutions for customers across a variety of industry verticals ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare, and consumer products. Co.'s Operating Partnership, Digital Realty Trust, L.P., is the entity through which Co. conducts its business of owning, acquiring, developing and operating data centers. Co.'s portfolio of data centers provides available environments for the exchange, processing and storage of data.
Open the DLR Page at Preferred Stock Channel »
Free DLR Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts
Buy (3.39 out of 4)
(ranked lower than approx. 55% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com