Digital Realty Trust adjusts 4.125%, 5.5% debentures exchange rates

By Melissa Kory

Cleveland, June 13 - Digital Realty Trust, Inc. said it adjusted the exchange rates of its 4.125% exchangeable senior debentures due 2026 and 5.5% exchangeable senior debentures due 2029, effective June 13.

The 4.125% debentures' exchange rate was adjusted to 32.2730 shares of common stock per each $1,000 principal amount of the debentures. The exchange rate on the 5.5% debentures was adjusted to 23.9050 shares per each $1,000 of the debentures.

As previously reported, effective March 11, the 4.125% debentures had an exchange rate of 31.8250 shares per $1,000 of debentures and the 5.5% debentures had an exchange rate of 23.5360 shares per $1,000 of debentures.

The adjustment to the exchange rate was triggered by the company's quarterly dividend on common stock.

The company's shares closed at $61.78 (NYSE: DLR) on June 13.

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

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