The company said its subsidiary Digital Realty Trust, L.P. issued $1,150,000,000 in principal amount of its 1.875% Exchangeable Senior Notes due 2029 on November 12, 2024. The total includes $150,000,000 from the full exercise by the initial purchasers of their option to buy additional notes.

1. 01

   The company said its subsidiary Digital Realty Trust, L.P. issued $1,150,000,000 in principal amount of its 1.875% Exchangeable Senior Notes due 2029 on November 12, 2024. The total includes $150,000,000 from the full exercise by the initial purchasers of their option to buy additional notes.

2. 02

   The company said the Notes bear interest at 1.875% per year, payable semi-annually in arrears on May 15 and November 15, and will mature on November 15, 2029. Before August 15, 2029, noteholders may exchange their Notes only upon the occurrence of certain events.

3. 03

   The company said the initial exchange rate is 4.7998 shares of common stock per $1,000 principal amount of notes, which represents an initial exchange price of approximately $208.34 per share. The issuer may settle exchanges entirely in cash or in a combination of cash and shares.

4. 04

   The company said up to 6,623,655 shares of common stock may be issued upon exchange, based on an initial maximum exchange rate of 5.7597 shares per $1,000 principal amount of Notes. It said the Notes are senior, unsecured obligations guaranteed by the company and are effectively subordinated to its secured debt.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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