AUSTIN,
Texas, May 7, 2024 /PRNewswire/ -- Digital
Realty (NYSE: DLR), the largest global provider of cloud- and
carrier-neutral data center, colocation and interconnection
solutions, announced today that it has commenced an underwritten
registered public offering to sell 10,500,000 shares of its common
stock. The Company intends to grant the underwriters in the
offering a 30-day option to purchase up to an additional 1,575,000
shares of its common stock.
BofA Securities, Citigroup Global Markets Inc. and J.P. Morgan
Securities LLC will act as joint book-running managers for the
public offering.
The Company intends to contribute the net proceeds from this
offering to its operating partnership, which will subsequently use
the net proceeds received from the Company to temporarily repay
borrowings outstanding under its operating partnership's global
revolving credit facilities, acquire additional properties or
businesses, fund development opportunities, and to provide for
working capital and other general corporate purposes, including
potentially for the repayment of other debt or the repurchase,
redemption or retirement of outstanding debt securities, or a
combination of the foregoing.
The offering is being made pursuant to an effective shelf
registration statement (containing a prospectus) filed with the
Securities and Exchange Commission (the "SEC"). A preliminary
prospectus supplement relating to the offering will be filed with
the SEC and will be available on the SEC's website at
http://www.sec.gov. A copy of the prospectus supplement and
accompanying prospectus relating to the offering may be obtained by
contacting BofA Securities, NC1-022-02-25, 201 North Tryon Street,
Charlotte, NC 28255-0001, Attn: Prospectus Department, by
email at dg.prospectus_requests@bofa.com; Citigroup, c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel: 800-831-9146); and
J.P. Morgan Securities LLC, Attention: Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by email at
prospectus-eq_fi@jpmchase.com and
postsalemanualrequests@broadridge.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be
any sale of these securities in any state or other jurisdiction in
which such offer, solicitation, or sale would be unlawful prior to
registration or qualification under the securities laws of such
state or other jurisdiction.
About Digital Realty
Digital Realty brings companies
and data together by delivering the full spectrum of data
center, colocation and interconnection solutions.
PlatformDIGITAL®, the company's global data center platform,
provides customers with a secure data meeting place and a proven
Pervasive Datacenter Architecture (PDx®) solution methodology for
powering innovation and efficiently managing Data Gravity
challenges. Digital Realty gives its customers access to the
connected communities that matter to them with a global data center
footprint of 300+ facilities in 50+ metropolitan areas across 25+
countries on six continents.
For Additional Information
Investor Relations
Jordan
Sadler / Jim Huseby
Digital Realty
+1 737 281 0101
InvestorRelations@digitalrealty.com
Safe Harbor Statement
This press release contains
forward-looking statements that are based on current expectations,
forecasts and assumptions that involve risks and uncertainties that
could cause actual outcomes and results to differ materially,
including statements related to the timing of the offering and
expected use of proceeds. For a list and description of such
risks and uncertainties, see the reports and other filings by
Digital Realty Trust, Inc. and Digital Realty Trust, L.P. with the
U.S. Securities and Exchange Commission, including Digital Realty
Trust, Inc. and Digital Realty Trust, L.P.'s combined Annual Report
on Form 10-K for the year ended December 31,
2023 and other documents subsequently filed by the Company
with the SEC. The company disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or
otherwise.
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SOURCE Digital Realty Trust
