Digital Realty Announces Common Stock Offering

AUSTIN, TX, May 7, 2024 /PRNewswire/ — Digital Realty (NYSE: DLR), the world’s largest provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, today announced that it has launched a registered public offering underwritten to sell 10,500,000 shares of its common stock. action. The Company intends to grant the underwriters in the offering a 30-day option to purchase up to 1,575,000 additional shares of its common stock.

BofA Securities, Citigroup Global Markets Inc. and JP Morgan Securities LLC will act as joint book-running managers for the public offering.

The Company intends to disburse the net proceeds from this offering to its operating partnership, which will subsequently use the net proceeds received from the Company to temporarily repay outstanding borrowings under the Company’s global revolving credit facilities. its operating partnership, acquire additional properties or businesses, finance development opportunities. , and to provide for working capital and other general corporate purposes, including potentially the repayment of other debts or the repurchase, repurchase or redemption of outstanding debt securities, or a combination thereof precedes.

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. from: Prospectus Department, by email to (email protected); Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 (Tel: 800-831-9146); and JP Morgan Securities LLC, Attn: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by email to (email protected) And (email protected).

This press release does 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 any such state or other jurisdiction.

About digital real estate
Digital Realty brings business and data closer together by offering a comprehensive range of data center, colocation and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data meeting place and proven Pervasive Datacenter Architecture (PDx®) solution methodology to drive innovation and effectively manage related challenges. to the gravity of the data. Digital Realty gives its clients access to the connected communities that matter to them with a global data center of more than 300 facilities in more than 50 metropolitan areas in more than 25 countries on six continents.

For more information

Investor Relations
Jordan Sadler / Jim Huseby
Digital real estate
+1 737 281 0101
(email protected)

Safe Harbor Statement
This press release contains forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual results to differ materially, including statements regarding the timing of the offer and intended use of the product. For a list and description of these risks and uncertainties, see the reports and other documents filed by Digital Realty Trust, Inc. and Digital Realty Trust, LP with the United States Securities and Exchange Commission, including Digital Realty Trust, Inc. and Digital Realty Trust, LP Combined Annual Report on Form 10-K for the Fiscal 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.

SOURCE Digital Real Estate Trust