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Published on 3/6/2017 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Digital Realty announces redemption of 6.625% series F preferred stock

By Angela McDaniels

Tacoma, Wash., March 6 – Digital Realty Trust, Inc. plans to redeem all 7.3 million outstanding shares of its 6.625% series F cumulative redeemable preferred stock on April 5, according to a company news release.

The preferreds will be redeemed for $25.00 each plus all accrued dividends up to but excluding the redemption date for a total payment of $25.0184 per preferred.

The preferreds closed at $25.47 (NYSE: DLR.PRF) on March 6.

Digital Realty is a manager and owner of technology-related real estate and is based in San Francisco.


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