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Digital Realty plans to redeem 7% series E preferreds on Sept. 15
By Marisa Wong
Morgantown, W.Va., Aug. 15 – Digital Realty Trust, Inc. announced it intends to redeem all 11.5 million outstanding shares of its 7% series E cumulative redeemable preferred stock on Sept. 15.
The series E preferreds will be redeemed at $25.00 per share plus all accrued dividends to but excluding the redemption date in an amount equal to $0.35972 per share, for a total payment of $25.35972 per share. The redemption price will be payable in cash without interest on the redemption date.
A notice of redemption was mailed to holders of record of the series E preferreds (NYSE: DLR.PRE) as of Aug. 15.
American Stock Transfer & Trust Co., LLC (attn.: reorganization department, 800 937-5449) is the redemption agent.
Digital Realty is a manager and owner of technology-related real estate and is based in San Francisco.
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