SAN
FRANCISCO, Sept. 15, 2020 /PRNewswire/ -- Digital Realty (NYSE: DLR), a
leading global provider of cloud- and carrier-neutral data center,
colocation and interconnection solutions, announced today it intends to
redeem all 10,000,000 outstanding shares of its 5.875% Series G
Cumulative Redeemable Preferred Stock (CUSIP: 253868 889). Series G
Preferred Stock held through the Depository Trust Company will be
redeemed in accordance with the applicable procedures of the Depository
Trust Company.
The redemption date will be October 15, 2020. The Series G
Preferred Stock will be redeemed for $25.00 per share, plus all accrued
and unpaid dividends to, but not including, the redemption date in an
amount equal to $0.057118 per share, for a total payment of $25.057118
per share, which will be payable in cash, without interest on the
redemption date. After the redemption date, Series G Preferred Stock
will no longer be deemed outstanding and all the rights of the holders
of Series G Preferred Stock will terminate, except the right to receive
the redemption price. In addition, because all the issued and
outstanding shares of Series G Preferred Stock are being redeemed, the
Series G Preferred Stock will no longer trade on the New York Stock
Exchange after the redemption date. The Series G Preferred Stock
currently trades on the NYSE under the symbol DLR.PRG.