Summary
Digital Realty Trust, Inc. (DLR) announced through its wholly owned indirect finance subsidiary, Digital Euro Finco, LLC, the commencement of an offering of Euro-denominated Guaranteed Notes. These senior unsecured notes will be fully and unconditionally guaranteed by Digital Realty Trust, Inc. and the operating partnership. The offering is being conducted in reliance on Regulation S and is intended for investors outside the United States. The proceeds from this offering are earmarked for financing or refinancing Eligible Green Projects, aligning with the company's commitment to sustainability initiatives such as renewable energy, energy efficiency, and biodiversity. Pending the allocation to green projects, proceeds may be temporarily used for debt repayment, acquisitions, development funding, or general corporate purposes, including maintaining its REIT status.
Key Highlights
- 1Commencement of offering for Euro-denominated Guaranteed Notes by Digital Euro Finco, LLC.
- 2Notes are senior unsecured obligations, guaranteed by Digital Realty Trust, Inc. and the operating partnership.
- 3Offering targeted at non-U.S. investors under Regulation S.
- 4Net proceeds to be allocated to financing or refinancing of Eligible Green Projects.
- 5Eligible Green Projects include renewable energy, energy efficiency, and biodiversity initiatives.
- 6Temporary use of proceeds for debt repayment, acquisitions, or general corporate purposes is permitted.
- 7The company is providing a cautionary statement regarding forward-looking statements and associated risks.