Digital Realty Trust, Inc. Commences Roadshow for Initial Public Offering of Common Stock
18 Oktober 2004 - 2:00PM
PR Newswire (US)
Digital Realty Trust, Inc. Commences Roadshow for Initial Public
Offering of Common Stock MENLO PARK, Calif., Oct. 18
/PRNewswire-FirstCall/ -- Digital Realty Trust, Inc. (NYSE:DLR)
today announced that it has commenced a roadshow to market its
common stock in advance of its planned initial public offering. The
Company expects to offer 20,000,000 shares of Digital Realty Trust
common stock in the offering. Citigroup and Merrill Lynch & Co.
are the joint book-running managers. The initial public offering is
being co-managed by Credit Suisse First Boston, UBS Investment
Bank, RBC Capital Markets, KeyBanc Capital Markets and JMP
Securities. Digital Realty Trust has granted the underwriters an
option to purchase up to 3,000,000 additional shares of its common
stock to cover over-allotments, if any. Copies of the prospectus
relating to the offering may be obtained from Citigroup Global
Markets Inc. (Brooklyn Army Terminal, 140 58th Street, 8th floor,
Brooklyn, NY 11220) or from Merrill Lynch & Co. (4 World
Financial Center, New York, NY 10080). A registration statement
relating to the common stock has been filed with the Securities and
Exchange Commission but has not yet become effective. The common
stock may not be sold nor may offers to buy be accepted prior to
the time the registration statement becomes effective. This press
release shall not constitute an offer to sell or the solicitation
of an offer to buy the common stock; nor shall there be any sale of
the common stock in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction. About Digital Realty Trust, Inc. Digital Realty
Trust, Inc., which expects to qualify as a real estate investment
trust (REIT) for federal income tax purposes, owns, acquires,
repositions and manages technology-related real estate. The
Company's 23 properties contain applications and operations
critical to the day-to-day operations of technology industry
tenants. Comprising approximately 5.6 million net rentable square
feet, Digital Realty's property portfolio is located throughout the
United States, with one property located in London, England. For
Additional Information: A. William Stein Amy Cozamanis Chief
Financial Officer and Investor/Analyst Information Chief Investment
Officer Financial Relations Board Digital Realty Trust, Inc. (310)
407-6547 (650) 233-3604 Laurie Berman General Information Financial
Relations Board (310) 407-6546 DATASOURCE: Digital Realty Trust,
Inc. CONTACT: A. William Stein, Chief Financial Officer and Chief
Investment Officer of Digital Realty Trust, Inc., +1-650-233-3604;
or Investors and Analysts, Amy Cozamanis, +1-310-407-6547, or
General Information, Laurie Berman, +1-310-407-6546, both of
Financial Relations Board, both for Digital Realty Trust, Inc.
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