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Subsequent Events
3 Months Ended
Mar. 31, 2014
Subsequent Events

17. Subsequent Events

On April 1, 2014, Digital Stout Holding, LLC, a wholly-owned subsidiary of Digital Realty Trust, L.P, issued £300.0 million (or approximately $498.9 million based on the April 1, 2014 exchange rate of £1.00 to $1.66) aggregate principal amount of its 4.750% Guaranteed Notes due 2023, or the 2023 notes. The 2023 notes are senior unsecured obligations of Digital Stout Holding, LLC and are fully and unconditionally guaranteed by Digital Realty Trust, Inc. and Digital Realty Trust, L.P. Interest on the 2023 notes is payable semiannually in arrears at a rate of 4.750% per annum. The 2023 notes will mature on October 13, 2023.We intend to use the net proceeds from the offering of the 2023 notes to temporarily repay borrowings under our global revolving credit facility, to acquire additional properties, to fund development opportunities, for general working capital purposes or a combination of the foregoing.

On April 29, 2014, we declared the following dividends per share and the Operating Partnership declared an equivalent distribution per unit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Share / Unit Class

 

Series E
Preferred Stock and Unit

 

Series F
Preferred Stock and Unit

 

Series G
Preferred Stock and Unit

 

Series H
Preferred Stock and Unit

 

Common stock and common unit

Dividend and distribution amount

 

$
0.437500 

 

$
0.414063 

 

$
0.367188 

 

$
0.486550 

(1)

$
0.830000 

Dividend and distribution payable date

 

June 30, 2014

 

June 30, 2014

 

June 30, 2014

 

June 30, 2014

 

June 30, 2014

Dividend and distribution payable to holders of record on

 

June 13, 2014

 

June 13, 2014

 

June 13, 2014

 

June 13, 2014

 

June 13, 2014

Annual equivalent rate of dividend and distribution

 

$
1.750 

 

$
1.656 

 

$
1.469 

 

$
1.844 

 

$
3.320 

 

(1)  Represents a pro rata dividend from and including the original issue date to and including June 30, 2014.

 

 

Digital Realty Trust, L.P. [Member]
 
Subsequent Events

17. Subsequent Events

On April 1, 2014, Digital Stout Holding, LLC, a wholly-owned subsidiary of Digital Realty Trust, L.P, issued £300.0 million (or approximately $498.9 million based on the April 1, 2014 exchange rate of £1.00 to $1.66) aggregate principal amount of its 4.750% Guaranteed Notes due 2023, or the 2023 notes. The 2023 notes are senior unsecured obligations of Digital Stout Holding, LLC and are fully and unconditionally guaranteed by Digital Realty Trust, Inc. and Digital Realty Trust, L.P. Interest on the 2023 notes is payable semiannually in arrears at a rate of 4.750% per annum. The 2023 notes will mature on October 13, 2023.We intend to use the net proceeds from the offering of the 2023 notes to temporarily repay borrowings under our global revolving credit facility, to acquire additional properties, to fund development opportunities, for general working capital purposes or a combination of the foregoing.

On April 29, 2014, we declared the following dividends per share and the Operating Partnership declared an equivalent distribution per unit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Share / Unit Class

 

Series E
Preferred Stock and Unit

 

Series F
Preferred Stock and Unit

 

Series G
Preferred Stock and Unit

 

Series H
Preferred Stock and Unit

 

Common stock and common unit

Dividend and distribution amount

 

$
0.437500 

 

$
0.414063 

 

$
0.367188 

 

$
0.486550 

(1)

$
0.830000 

Dividend and distribution payable date

 

June 30, 2014

 

June 30, 2014

 

June 30, 2014

 

June 30, 2014

 

June 30, 2014

Dividend and distribution payable to holders of record on

 

June 13, 2014

 

June 13, 2014

 

June 13, 2014

 

June 13, 2014

 

June 13, 2014

Annual equivalent rate of dividend and distribution

 

$
1.750 

 

$
1.656 

 

$
1.469 

 

$
1.844 

 

$
3.320 

 

(1)  Represents a pro rata dividend from and including the original issue date to and including June 30, 2014.