8-KRegulation FDOther EventsExhibits & Filings

DIGITAL REALTY TRUST, INC. 8-K Report, Regulation FD Disclosure (Nov 12, 2025)

Filed November 12, 2025For Securities:DLRDLR-PJDLR-PKDLR-PL

Summary

Digital Realty Trust, Inc. (DLR) announced on November 12, 2025, the pricing of a significant Euro Notes offering totaling €1.4 billion. This offering includes €600 million in 3.750% Guaranteed Notes due 2033 and €800 million in 4.250% Guaranteed Notes due 2037. These notes are issued by a wholly owned indirect finance subsidiary, with Digital Realty Trust, Inc. and its operating partnership providing full and unconditional guarantees. The offering is being conducted outside the United States under Regulation S, with settlement expected on November 20, 2025. Investors should note the intended use of proceeds, which is primarily to finance or refinance "Eligible Green Projects," encompassing renewable energy, energy efficiency, and other environmentally focused initiatives. Pending allocation to these green projects, the net proceeds may be used for general corporate purposes, including repaying revolving credit facilities, acquiring properties, funding development, investing in short-term securities consistent with REIT status, and potentially for repaying other debt or securities. This move highlights DLR's commitment to sustainable financing and its ongoing capital markets activity.

Key Highlights

  • 1DLR priced a substantial offering of €1.4 billion in Euro Notes.
  • 2The offering consists of two tranches: €600 million of 3.750% Notes due 2033 and €800 million of 4.250% Notes due 2037.
  • 3The notes are guaranteed by Digital Realty Trust, Inc. and its operating partnership.
  • 4Proceeds are earmarked for financing or refinancing Eligible Green Projects, demonstrating a focus on sustainable investments.
  • 5Temporary use of proceeds may include revolving credit facilities, property acquisitions, development funding, and general corporate purposes.
  • 6The offering is conducted offshore under Regulation S, with settlement expected on November 20, 2025.
  • 7This issuance represents ongoing capital markets activity to support growth and sustainability initiatives.

Frequently Asked Questions

Digital Realty priced a total of €1.4 billion in Euro Notes. This includes €600 million aggregate principal amount of 3.750% Guaranteed Notes due 2033 and €800 million aggregate principal amount of 4.250% Guaranteed Notes due 2037. The 2033 Notes mature on January 15, 2033, and the 2037 Notes mature on November 20, 2037. Interest for both series is paid annually.

The company intends to allocate the net proceeds to finance or refinance new and/or existing "Eligible Green Projects." These projects include initiatives related to renewable energy, energy efficiency, pollution prevention, sustainable land use, biodiversity, clean transportation, water management, climate adaptation, and green buildings. Pending allocation to these projects, proceeds may be used for general corporate purposes such as repaying credit facilities, acquisitions, development funding, or other debt-related activities.

No, the Euro Notes are being sold only outside the United States in reliance on Regulation S under the Securities Act of 1933. They have not been registered under the Securities Act and may not be offered or sold within the United States or to U.S. persons unless registered or an applicable exemption is available.

The Euro Notes are senior unsecured obligations of Digital Euro Finco, LLC, a wholly owned indirect finance subsidiary of Digital Realty. They are fully and unconditionally guaranteed by Digital Realty Trust, Inc. and its operating partnership.