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

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QTS Realty Trust (QTS) Prices 4.4M Share Upsized Common Offering at $64.90/Sh

June 2, 2020 5:53 AM EDT

QTS Realty Trust, Inc. (NYSE: QTS) today announced the upsize and pricing of an underwritten public offering of 4,400,000 shares of its Class A common stock ("common stock"), all of which were 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, at a public offering price of $64.90 per share (before deducting the underwriting discounts and commissions). The offering was upsized from the previously announced offering size of 4,000,000 shares of common stock. The forward purchasers or their affiliates... More