Digital Realty (NYSE:DLR)
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Digital Realty Trust, Inc. Commences Roadshow for Initial Public
Offering of Common Stock
MENLO PARK, Calif., Oct. 18 /PRNewswire-FirstCall/ -- Digital Realty Trust,
Inc. (NYSE:DLR) today announced that it has commenced a roadshow to market its
common stock in advance of its planned initial public offering.
The Company expects to offer 20,000,000 shares of Digital Realty Trust common
stock in the offering. Citigroup and Merrill Lynch & Co. are the joint
book-running managers. The initial public offering is being co-managed by
Credit Suisse First Boston, UBS Investment Bank, RBC Capital Markets, KeyBanc
Capital Markets and JMP Securities. Digital Realty Trust has granted the
underwriters an option to purchase up to 3,000,000 additional shares of its
common stock to cover over-allotments, if any.
Copies of the prospectus relating to the offering may be obtained from
Citigroup Global Markets Inc. (Brooklyn Army Terminal, 140 58th Street, 8th
floor, Brooklyn, NY 11220) or from Merrill Lynch & Co. (4 World Financial
Center, New York, NY 10080).
A registration statement relating to the common stock has been filed with the
Securities and Exchange Commission but has not yet become effective. The
common stock may not be sold nor may offers to buy be accepted prior to the
time the registration statement becomes effective. This press release shall
not constitute an offer to sell or the solicitation of an offer to buy the
common stock; nor shall there be any sale of the common stock in any state or
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
jurisdiction.
About Digital Realty Trust, Inc.
Digital Realty Trust, Inc., which expects to qualify as a real estate
investment trust (REIT) for federal income tax purposes, owns, acquires,
repositions and manages technology-related real estate. The Company's 23
properties contain applications and operations critical to the day-to-day
operations of technology industry tenants. Comprising approximately 5.6
million net rentable square feet, Digital Realty's property portfolio is
located throughout the United States, with one property located in London,
England.
For Additional Information:
A. William Stein Amy Cozamanis
Chief Financial Officer and Investor/Analyst Information
Chief Investment Officer Financial Relations Board
Digital Realty Trust, Inc. (310) 407-6547
(650) 233-3604
Laurie Berman
General Information
Financial Relations Board
(310) 407-6546
DATASOURCE: Digital Realty Trust, Inc.
CONTACT: A. William Stein, Chief Financial Officer and Chief Investment
Officer of Digital Realty Trust, Inc., +1-650-233-3604; or Investors and
Analysts, Amy Cozamanis, +1-310-407-6547, or General Information, Laurie
Berman, +1-310-407-6546, both of Financial Relations Board, both for Digital
Realty Trust, Inc.