QTS Realty Trust Announces Mandatory Conversion of Series A Preferred Units

The mandatory conversion date will be July 28, 2023.

By TTC Newsroom

2 Mins

July 28, 2023 | 12:05 AM BST

QTS Realty Trust (QTS) has announced the exercise of its right to convert each outstanding 6.50% Series A Cumulative Convertible Perpetual Preferred Limited Liability Company Unit of QTS (each, a "Series A Preferred Unit") into $167.40 in cash, in accordance with the terms of the Series A Preferred Units.

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