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Published on 4/15/2021 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Digital Realty to redeem all $201.25 million 6.625% preferreds

By Wendy Van Sickle

Columbus, Ohio, April 15 – Digital Realty plans to redeem its $201.25 million outstanding, or 8.05 million shares, of 6.625% series C cumulative redeemable perpetual preferred shares (Cusip: 253868848), according to a news release.

The shares will be redeemed at par of $25.00 apiece plus $0.211632 of accrued interest on May 17.

American Stock Transfer & Trust Co., LLC is the redemption agent.

The series C preferred stock trades on the New York Stock Exchange under the symbol “DLRPrC.”

Digital Realty owns, acquires, develops and operates data centers and is based in San Francisco.


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