Digital Realty says holders may exchange 4.125% debentures due 2026

By Susanna Moon

Chicago, April 1 - Digital Realty Trust, LP distributed a notice of exchangeability on Friday to the holders of its 4.125% exchangeable senior debentures due 2026, according to an 8-K filing with the Securities and Exchange Commission.

The notes are exchangeable into Digital Realty Trust, Inc. common stock during any calendar quarter if the company's closing share price is more than 130% of the exchange price for at least 20 out of 30 consecutive trading days ending on the last trading day of the quarter.

The exchange price was $31.42 per share as of March 31.

The company's shares closed at $58.14 (NYSE: DLR) on March 31.

Digital Realty is a real estate investment trust based in San Francisco.

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