QTS Realty Trust (QTS) Announces Proposed 4M Class A Share Offering

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QTS Realty Trust, Inc. Announces Forward Common Stock Offering

June 1, 2020 4:07 PM EDT

OVERLAND PARK, Kan., June 1, 2020 /PRNewswire/ -- QTS Realty Trust, Inc. (the "Company") (NYSE: QTS) today announced the commencement of an underwritten public offering of 4,000,000 shares of its Class A common stock ("common stock"), all of which will be offered, at the request of the Company, by the forward purchasers (as defined below) or their affiliates in connection with the forward sale agreements described below. The forward purchasers or their affiliates intend to grant the underwriters a 30-day option to purchase an aggregate of up to an additional 600,000 shares of common... More