8-KOther EventsExhibits & Filings

DIGITAL REALTY TRUST, INC. 8-K Report, Corporate Update (Feb 13, 2009)

Filed February 13, 2009For Securities:DLRDLR-PJDLR-PKDLR-PL

Summary

Digital Realty Trust, Inc. (DLR) filed an 8-K on February 13, 2009, reporting on a significant equity offering that closed on February 13, 2009. The company successfully sold 2,500,000 shares of common stock, with an additional over-allotment option for up to 375,000 shares granted to the underwriter, Credit Suisse Securities (USA) LLC. This offering, conducted under an underwriting agreement dated February 10, 2009, aimed to raise capital for the company's operations and potential growth initiatives. The net proceeds from the sale of the primary shares amounted to approximately $83.3 million, after deducting estimated expenses. This capital infusion is particularly noteworthy given the prevailing economic conditions in early 2009. The offering was executed under a shelf registration statement on Form S-3, indicating that the company had previously registered these securities for sale. The filing also includes exhibits such as the underwriting agreement and legal opinions.

Key Highlights

  • 1DLR completed the sale of 2,500,000 shares of common stock on February 13, 2009.
  • 2An over-allotment option for an additional 375,000 shares was granted to the underwriter.
  • 3The underwriting agreement was entered into on February 10, 2009, with Credit Suisse Securities (USA) LLC.
  • 4Net proceeds from the offering were approximately $83.3 million after estimated expenses.
  • 5The offering was conducted under the company's shelf registration statement on Form S-3.
  • 6This filing is an 8-K, indicating a material event for the company.
  • 7The event date reported is February 10, 2009, with the filing date of February 13, 2009.

Frequently Asked Questions

This 8-K filing was made to report a material event: the completion of a public offering of Digital Realty Trust's common stock. It details the number of shares sold, the underwriter, the proceeds raised, and related agreements.

Digital Realty Trust raised approximately $83.3 million in net proceeds from the sale of 2,500,000 shares of its common stock, after accounting for estimated expenses.

The stock offering was managed by Credit Suisse Securities (USA) LLC, which acted as the underwriter.

The shares were offered and sold under a prospectus supplement and related prospectus filed with the SEC pursuant to the Company's shelf registration statement on Form S-3 (File No. 333-132980). This means the securities had been previously registered and authorized for sale.