Digital Realty Prices €1 Billion in 5.125% Guaranteed Notes Due 2036
Digital Realty Trust, Inc. (DLR) announced that its finance subsidiary has priced a $1 billion offering of guaranteed notes with a coupon rate of 5.125%, maturing in 2036. The notes were sold at 99.289% of the principal amount and are issued by Digital Euro Finco, LLC, an indirect wholly owned finance subsidiary of its operating partnership. The issuance is part of a broader capital-raising strategy to support ongoing operations and growth initiatives in the data center sector. The offering reflects strong investor confidence in the company’s credit profile amid continued demand for digital infrastructure services driven by cloud computing and AI adoption trends.
Tickers: $DLR PRJ
Topics: bond issuance debt financing real estate investment trusts (REITs)