This indicates a 5.8% cap rate. It also wrapped up the previously-announced combination with Interxion. This will allow the combined company to cater to customers' full spectrum of data-center requirements across its global platform. Balance Sheet Digital Realty exited first-quarter 2020 with cash and cash equivalents of around $246.5 million, up from $89.8 million recorded at the end of 2019. Further, during first-quarter 2020, the company issued 264,765 shares of common stock under its at-the-market ("ATM") equity offering program, generating around $37 million in gross proceeds. Subsequent to the quarter end, it issued additional 4.3 million shares, resulting in gross proceeds of nearly $615 million. Additionally, as of Mar 31, 2020, the company had $12.3 billion of total debt outstanding, of which $12.1 billion was unsecured debt and $0.2 billion was secured debt. Also, as of the same date, its net debt-to-adjusted EBITDA was 6.6x, while fixed charge coverage was 3.8x.