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Published on 10/13/2009 in the Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

Developers Diversified files debt, stock, preferreds automatic shelf

By Devika Patel

Knoxville, Tenn., Oct. 13 - Developers Diversified Realty Corp. filed an automatic shelf registration in an S-3-ASR filing with the Securities and Exchange Commission.

The registration covers common shares, preferred shares, debt securities, depositary shares and warrants.

The securities may be structured as convertibles.

Proceeds will be used for working capital and general corporate purposes.

The real estate investment trust is based in Beachwood, Ohio.


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