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Digital Realty raises USD 250 mln in share issue

Friday 14 August 2015 | 10:31 CET | News
Digital Realty announced the pricing of 10 million shares of 6.350 percent preferred stock at a price of USD 25.00 per share for gross proceeds of USD 250 million.  The company has also granted the underwriters a 30-day option to purchase from the company up to an additional 1. 5 million shares. The company intends to use the net proceeds to help fund the previously-announced acquisition of Telx.

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Categories: Fixed
Companies: Telx
Countries: United States
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