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Published on 4/10/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Digital Realty plans to convert 4.375% convertibles into common stock

By Tali David

Minneapolis, April 10 - Digital Realty Trust, Inc. plans to convert all 5,126,214 shares of its 4.375% series C cumulative convertible preferred stock into common stock, according to a company news release.

On April 17, each share of series C preferred stock will convert into 0.548 shares of the company's common stock.

American Stock Transfer & Trust Co., LLC is the conversion agent (877 248-6417 or 718 921-8317).

Digital Realty is a real estate investment trust based in San Francisco.


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