DuPont Fabros Technology Inc | 6.625% Series C Cumulative Redeemable Perpetual Preferred Stock (DFT.PRC)
Prospectus excerpt: We are offering 7,000,000 shares of our 6.625% Series C Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share, which we refer to in this prospectus supplement as our Series C Preferred Stock.
DuPont Fabros Technology is a self-administered and self-managed real estate investment trust that owns, acquires, develops and operates wholesale data centers. Co. designs and operates multi-tenant, wholesale data centers, and create solutions with its customers. As of Dec 31 2016, Co. owned: 11 operating data centers facilities; five phases of existing data center facilities under development; one shell of a data center under development; two data center facilities with a phase or phases available for future development; and parcels of land held for future development of four data centers. Co. also provides certain technical services to customers as a contractor on a purchase order basis.