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Digital Realty issues shares, pays incentive for 4.125% exchangeables
By Susanna Moon
Chicago, July 27 - Digital Realty Trust, Inc. issued 236,444 restricted shares of common stock and paid an incentive fee of $37,515.54 in exchange for $7.5 million principal amount of its operating partnership's 4.125% exchangeable senior debentures due 2026, according to an 8-K filing with the Securities and Exchange Commission.
Digital also paid accrued interest of $138,359.38 for the exchangeables held by Basso Holdings Ltd., a Cayman Islands exempted company.
The San Francisco real estate investment trust said it completed the exchange on July 27.
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