DIGITAL REALTY TRUST, INC. (DLR) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that DIGITAL REALTY TRUST, INC. surfaced in its latest filing.

• The SEC's Division of Enforcement investigated the adequacy of our disclosures of cybersecurity risks and our related disclosure controls and procedures, as disclosed in our Quarterly Report on Form 10-Q filed on October 31, 2025.October 31, 2025
• By letter dated December 22, 2025, the SEC Division of Enforcement informed us it had concluded the investigation and did not intend to recommend an enforcement action.December 22, 2025
• As of December 31, 2025, we had approximately $18.6 billion total consolidated indebtedness.December 31, 2025
• Global Revolving Credit Facility and Yen Revolving Credit Facility providing borrowings of up to $4.5 billion (including $0.3 billion under the Yen Revolving Credit Facility) as of December 31, 2025, with approximately $3.3 billion available.December 31, 2025
• As of February 9, 2026, we had approximately $3.3 billion available under the Global Revolving Credit Facility, net of outstanding letters of credit.February 9, 2026
• 8,000,000 shares of 5.250% series J cumulative redeemable preferred stock outstanding, convertible upon limited change in control.
• 8,400,000 shares of 5.850% series K cumulative redeemable preferred stock outstanding, convertible upon limited change in control.
• 13,800,000 shares of 5.200% series L cumulative redeemable preferred stock outstanding, convertible upon limited change in control.
• OBBBA signed into law on July 4, 2025, permanently extends certain expiring TCJA provisions and makes other Code changes affecting REITs.July 4, 2025