QTS Realty Trust, Inc. Announces Exercise Of Green Shoe Option

OVERLAND PARK, Kan., Oct. 15, 2013 -- QTS Realty Trust, Inc. today announced that the underwriters of its initial public offering exercised in full their option to purchase an additional 1,837,500 shares of Class A common stock, $0.01 par value per share, at the initial public offering price of $21.00 per share, less underwriting discounts and commissions.  Including the exercise of the option to purchase additional shares, the Company issued a total of 14,087,500 shares of Class A common stock.  The shares of Class A common stock began trading on the New York Stock Exchange under the ticker symbol "QTS" on October 9, 2013. The initial public offering closed today, October 15, 2013. 

The Company contributed the net proceeds of the offering to its operating partnership. The Company intends to use the net proceeds of the offering to repay amounts outstanding under its revolving credit facility. 

Goldman, Sachs & Co., Jefferies LLC, BofA Merrill Lynch, Deutsche Bank Securities Inc., KeyBanc Capital Markets Inc. and Morgan Stanley are joint book-running managers for the offering and J.P. Morgan Securities LLC and Stifel, Nicolaus & Company, Incorporated are co-managers for the offering.  

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on October 8, 2013. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. 

The offering of these securities was made by means of a prospectus. A copy of the prospectus may be obtained from Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526 or e-mail: prospectus-ny@ny.email.gs.com and Jefferies LLC, Attention: Prospectus Department, 520 Madison Avenue, 12 Floor, New York, NY 10022, telephone: 1-877-547-6340 or e-mail: Prospectus_Department@Jefferies.com.