Corporate ActionMay 4, 2026, 07:47 AM
Digital Realty Launches $7.5B ATM Equity Offering Program
AI Summary
Digital Realty Trust, Inc. and Digital Realty Trust, L.P. entered into a new At-The-Market (ATM) Equity Offering Sales Agreement, enabling them to offer and sell up to $7.5 billion in common stock. This new program replaces a previous ATM program, which was terminated with approximately $569.9 million in unsold common stock remaining. The sales will be conducted through various agents and may include separate forward sale agreements.
Key Highlights
- Digital Realty established a new ATM Equity Offering Sales Agreement.
- Program allows offering and selling up to $7,500,000,000 of common stock.
- Sales will be made through various agents, including BofA Securities, Citi, and J.P. Morgan.
- Company terminated its previous ATM program, dated December 23, 2024.
- Approximately $569.9 million remained unsold under the prior program.
- Sales can occur via ordinary brokers' transactions, negotiated deals, or "at-the-market" offerings.
- The agreement also allows for separate forward sale agreements with Forward Purchasers.