DuPont Fabros calls all 7.875% preferreds, some 7.625% preferreds

By Tali Rackner

Norfolk, Va., May 10 – DuPont Fabros Technology, Inc. plans to redeem all of its 7.875% series A cumulative redeemable perpetual preferred stock and 2.65 million shares, or 39.8%, of its 7.625% series B cumulative redeemable perpetual preferred stock, according to a press release.

The preferreds will be redeemed at $25 per share plus accrued dividends on June 9.

Computershare Inc. is the redemption agent.

DuPont Fabros is a Washington, D.C.-based real estate investment trust that focuses on wholesale data centers.

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