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DuPont Fabros Technology, 7.875% Series A Cumul Redeem Perp Preferred Stock
Ticker Symbol: DFT-A*     CUSIP: 26613Q205     Exchange: NYSE
Security Type:   Traditional Preferred Stock
* NOTE: This security is no longer trading as of 6/09/2016

Security has been Called for:  Thursday, June 9, 2016

May 10, 2016 -- DuPont Fabros Technology, Inc. today announced that it intends to redeem on June 9, 2016 all of the shares of its 7.875% Series A Cumulative Redeemable Perpetual Preferred Stock remaining issued and outstanding as of the Redemption Date and 2,650,000, representing approximately 39.8% of its 6,650,000 shares of its 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock. The shares of Series A Preferred Stock and Series B Preferred Stock will be redeemed at a redemption price of $25.00 per share, plus an amount equal to all accrued and unpaid dividends on each share of Series A Preferred Stock and on each share of Series B Preferred Stock, respectively, to be redeemed from April 15, 2016 to, but not including, the Redemption Date. Dividends on the shares of Series A Preferred Stock and on the shares of Series B Preferred Stock that are to be redeemed will cease to accrue on the Redemption Date. Upon redemption, the shares of Series A Preferred Stock and the redeemed shares of Series B Preferred Stock will no longer be outstanding, and all rights of the holders of such shares will terminate, except the right of the holders to receive the cash payable upon such redemption, without interest. Upon redemption, the Series A Preferred Stock will be delisted from trading on the New York Stock Exchange. ____________ April 27, 2016 -- In the news release, “DuPont Fabros Technology, Inc. Announces Partial Redemption of 7.875% Series A Cumulative Perpetual Preferred Stock,” the company has advised that the shares to be redeemed will be selected “by lot” rather than “pro rata,” as originally stated in the third paragraph of the release. The complete, corrected release is as follows: DuPont Fabros Technology, Inc. today announced that it intends to redeem 3,400,000, representing approximately 46%, of its 7,400,000 shares of its 7.875% Series A Cumulative Redeemable Perpetual Preferred Stock on May 27, 2016. The shares of Series A Preferred Stock will be redeemed at a redemption price of $25.00 per share, plus an amount equal to all accrued and unpaid dividends on each share of Series A Preferred Stock to be redeemed from April 15, 2016 to, but not including, the Redemption Date. Dividends on the shares of Series A Preferred Stock that are to be redeemed will cease to accrue on the Redemption Date. Upon redemption, the redeemed shares of Series A Preferred Stock will no longer be outstanding, and all rights of the holders of such shares will terminate, except the right of the holders to receive the cash payable upon such redemption, without interest. All shares of Series A Preferred Stock are held in book-entry form through the Depository Trust Company (“DTC”) and shares to be redeemed will be selected by lot in accordance with the procedures of DTC. Payment to DTC for the shares of Series A Preferred Stock will be made by Computershare Inc. as redemption agent.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  DuPont Fabros Technology, Inc. 7.875% Cumulative Redeemable Perpetual Preferred Stock, Series A, liquidation preference $25 per share, redeemable at the issuer's option on or after 10/15/2015 at $25 per share plus accrued and unpaid dividends, and with no stated maturity. Cumulative distributions of 7.875% ($1.96875) per annum are paid quarterly on 1/15, 4/15, 7/15 & 10/15 to holders of record on the record date fixed by the board, not more than 30 days prior to the payment date (NOTE: the ex-dividend date is at least 2 business days prior to the record date). In the event that the shares are no longer listed on the NYSE, the AMEX or the Nasdaq exchanges and are also not subject to SEC reporting requirements, the dividend rate will be increased to 11.875% per annum and the security may be redeemed anytime at the company's option. Dividends paid by preferreds issued by REITs are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. In regard to the payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
NYSE
Chart
7.88%
$1.96875
$25.00
$25.00
Called for
6/09/2016

None
Ba2 B-
3/27/2016
1/15, 4/15, 7/15 & 10/15
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (DLR)

IPO - 10/8/2010 - 7.00 Million Shares @ $25.00/share.    Link to IPO Prospectus
Previous Ticker Symbol: DFAB    Changed: 10/19/2010
Market Value $175.0 Million

Company's Online Information Links
HOME PAGE:     http://www.dft.com/
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Inv Rel Email Address investorrelations@dft.com
General Email Address info@dft.com
Email Request Form on Website Go to Email Form

Address and Phone Numbers
Address:   1212 New York Avenue NW, Suite 900, Washington, DC 20005
Main Phone Number 202-728-0044
Fax Number 202-728-0220
Investor Relations   Steve Rubis 202-478-2330
Toll Free Phone Number Unknown
CEO - Christopher Eldredge CFO - Jeffrey H. Foster

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