- According to a filing, Digital Realty Trust (NYSE:DLR) entered into forward sales agreements tied to the issuance and sale of 12.5M shares of common stock, at $96/share.
- The agreements were made with Bank of America, Citibank, and JPMorgan Chase Bank, which borrowed and sold that total amount of sales to underwriters.
- Underwriters have a 30-day option to purchase up to 1.875M additional shares.
- Digital Realty closed today up 1.2%, to $93.76.
- Now read Why Data Center REIT Digital Realty Is Hitting New Highs, Again »
Digital Realty enters forward sales deals for 12.5M shares
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| Symbol | Last Price | % Chg |
|---|---|---|
| DLR | - | - |
| Digital Realty Trust, Inc. | ||