Capital Offerings Profile - DFT.B (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
ISINUS26613Q3048
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
144a?No
Mandatory Redemption?No
Convertible?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.

Pricing
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
Overallotments
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
Underwriters
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
Co-Manager(s)
KeyBanc Capital Markets Inc. 130,000 3,250
Professionals
Issuer's Counsel Hogan Lovells US LLP
Auditor(s) Ernst & Young LLP
Clearing House(s) Depository Trust Company