---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-252541"
form_type: "8-K"
ticker: "DLR"
cik: "0001297996"
company_name: "DIGITAL REALTY TRUST, INC."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:20:39.286228+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Digital Realty prices $1.0B 1.875% exchangeable senior notes due 2029, exchange price $208.34

## Summary
- $1.0B principal of 1.875% exchangeable senior notes due Nov 15, 2029; option for additional $150M.
- Initial exchange rate 4.7998 shares per $1,000 principal = exchange price ~$208.34 (20% premium to $173.62 close).
- Net proceeds ~$979.3M (or ~$1.127B if option fully exercised); settlement expected Nov 12, 2024.
- Use proceeds to repay revolver borrowings, fund acquisitions, development, working capital, and potential debt retirement.
- Notes are senior unsecured obligations fully guaranteed by Digital Realty Trust, Inc.

## SEC filing metadata
- accession: 0001193125-24-252541
- form_type: 8-K
- ticker: DLR
- cik: 0001297996
- company_name: DIGITAL REALTY TRUST, INC.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1297996/000119312524252541/0001193125-24-252541-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297996/000119312524252541/d867264d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-252541
- JSON: https://secwatch.observer/filing/0001193125-24-252541.json
- Plain text: https://secwatch.observer/filing/0001193125-24-252541.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.