Capital Offerings Profile - DFT (NYSE)

Capital Offerings Profile
Company NameDuPont Fabros Technology, Inc.
Offering TypePreferred Equity
Description7.625% Series B cumulative redeemable perpetual preferred stock, $0.001 par value
Currency of IssueUSD
Trading Symbol (Exchange)DFT.B (NYSE)
Announcement Date1/12/2012
Trade Date1/13/2012
Settlement Date1/19/2012
Completion Date1/13/2012
Overallotment Expiration2/18/2012
Lock-up Expiration3/13/2012
Shelf Filing Date11/4/2010
Mandatory Redemption?No
Exchange for Existing Issue?No
Use of Proceeds

The company intends to use all of the net proceeds from this offering to repay outstanding borrowings under the company's $100 million revolving credit facility and for other general corporate purposes.

Offer Price ($) 25.0000
Gross Amount Offered ($000) 65,000
Amount Including Overallotment ($000) 65,000
Shares Offered 2,600,000
Total Shares Offered 2,600,000
Overallotment Amount Available ($000) 9,750
Overallotment Shares Available 390,000
Current Security Ratings
Moody's Corporation Ba2
Standard & Poor's Corp. B-
Underwriting Fees
Gross Spread ($) 0.79
Gross Spread (%) 3.15
Shares UnderwrittenAmount Underwritten($000)
Book Manager(s)
Jefferies LLC 702,000 17,550
Barclays Capital Inc. 689,000 17,225
Raymond James & Associates, Inc. 689,000 17,225
Stifel, Nicolaus & Company, Incorporated 390,000 9,750
KeyBanc Capital Markets Inc. 130,000 3,250
Issuer's Counsel Hogan Lovells US LLP
Auditor(s) Ernst & Young LLP
Clearing House(s) Depository Trust Company