📄 Extracted Text (725 words)
From: Richard Kahn <
Sent: Thursday, August 13, 2015 2:49 PM
To: jeffrey E.
Subject: Fwd: New Issue $25 Par: Digital Realty Trust Inc. Cumulative Redeemable Preferred
Stock: 6.50% Area
Attachments: 51645ACL.PDF; Untitled attachment 00178.htm
Please advise if you have any interest and if =o what amount Stock at current price of 65.96 =urrently pays a dividend of
5.20% vs preferred offering of =.50% Thank you
Digital Realty Trust Inc. (DLR)
65.96 0.37(0.56%) 10:46AM =DT - Nasdaq Real Time Price Add to =ortfolio
Prey Close: 65.59
Open: 65.58
Bid: 65.53 x 400
Ask: 65.56 x 100
ly Target Est: 70.67
Beta: -0.61
Earnings Date: Oct 26 - Oct 30 =Est.)
Day's=Range: 65.20 - 65.97
52wk Range: 61.33 - 75.39
Volume: 239,156
Avg Vol (3m): 1,346,060
Market Cap: 8.96B
PIE (ttm): 32.40
EPS (ttm): 2.02
Div & Yield: 3.40 (5.20%) =/td>
Business =ummary
Digital Realty Trust, Inc., a real estate investment trust (REIT), through its =controlling interest in Digital Realty Trust,
L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real
estate. It focuses on strategically located properties containing applications and operations critical to the day-to-day
operations of technology industry tenants and corporate enterprise datacenter users, including the information
technology departments of Fortune 1000 companies, and financial services companies. The company's property
portfolio consists of Internet gateway properties, corporate datacenter properties, technology manufacturing
properties, and regional or national offices of technology companies. As of December 31, 2008, Digital Realty's portfolio
consisted of 75 =properties, including 62 located in North America and 13 located in Europe. Digital Realty Trust has
elected to be treated as a REIT for federal income tax purposes and would not be subject to income tax, if =it distributes
at least 90% of its REIT taxable income to its stockholders. The company was founded in 2004 and is headquartered in
San Francisco, California with additional offices in Boston, Chicago, Dallas, Los Angeles, New York, Northern Virginia, and
Phoenix, as well =as in Dublin, London, and Paris.
EFTA_R1_02115101
EFTA02709288
Richard Kahn
HBRK Associates Inc.
New York, NY 10022
tel
fax
cel
Begin forwarded message:
From: =/b>"Atlas, Andrew S" <
Subject: =/b>New Issue $25 =ar: Digital Realty Trust Inc. Cumulative Redeemable Preferred Stock: =.50% Area
Date: =/b>August 13, 2015 at 10:29:40 AM =DT
/.,
To: 4b>"Richard Kahn (
Good Morning Rich,
Here is a new issue =referred coming today.
Thanks again-Andrew
$25 Par New Issue Syndicate Offering:
Digital Realty Trust Inc. =DLR)
Issuer: Digital Realty Trust Inc. (Ticker: =E2 DLR")
Securities =ffered: Series I =umulative Redeemable Preferred =tock &nb=p;
Expected =atings: =Baa3 / BB+ / =8+
Expected =ize: $150mm (6mm $25 Par Shares)
Maturity: =nbsp; =erpetual
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Price =alk: =.50% Area
Offer =rice: $25 per =hare
Distributions: Quarterly =n arrears on or about the last day of March, June, September and =ecember of each
year beginning on December 31, =015. &nb=p;
Redemption: At the =ssuer's option, callable at par at any time on or after August =xxJ, 2020 or before upon
the occurrence of a Change of Control, see red =or details.
Conversion =ights: Upon the =ccurrence of a Change of Control, see red for retails. =nbsp;
Use of =roceeds: = To fund a portion of the aggregate purchase price for the Telx =cquisition &nb=p;
DRD/QDI: &=bsp; Not =ligible
Subject to U.S. Tax =ithholding for NRA Clients Yes*
Expected =isting: =nbsp; NYSE
Andrew S. Atlas
Financial =dvisor
Equity Sales/Middle Markets Group
Morgan Stanley Wealth Management
Midtown Manhattan =omplex
I New York, =Y 10104
Tel/Direct: Fax:
<mailto
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ℹ️ Document Details
SHA-256
d1d69ae3f60b4916917914e06cee0a8b5d6c45d5b5291496b9e6982943e76733
Bates Number
EFTA02709288
Dataset
DataSet-11
Document Type
document
Pages
4
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