---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-255912"
form_type: "8-K"
ticker: "DLR"
cik: "0001297996"
company_name: "DIGITAL REALTY TRUST, INC."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:36:47.580706+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Digital Realty issues $1.15B of 1.875% exchangeable senior notes due 2029

## Summary
- Issued $1.15B principal amount of 1.875% Exchangeable Senior Notes due Nov 15, 2029; includes $150M from full exercise of initial purchasers' option.
- Initial exchange rate of 4.7998 shares per $1,000 principal, representing an initial exchange price of ~$208.34 per share of DLR common stock.
- Interest payable semi-annually at 1.875%; notes redeemable at issuer's option from Nov 22, 2027 under certain liquidity and stock price conditions.
- Guaranteed on a senior unsecured basis by Digital Realty Trust, Inc.; structurally subordinated to secured debt and subsidiary liabilities.
- Registration rights agreement requires filing a resale registration statement for common shares issuable upon exchange, with additional interest penalties for delays.

## SEC filing metadata
- accession: 0001193125-24-255912
- form_type: 8-K
- ticker: DLR
- cik: 0001297996
- company_name: DIGITAL REALTY TRUST, INC.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1297996/000119312524255912/0001193125-24-255912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297996/000119312524255912/d883775d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-255912
- JSON: https://secwatch.observer/filing/0001193125-24-255912.json
- Plain text: https://secwatch.observer/filing/0001193125-24-255912.txt

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