01—Abstract
Summary
Summary of the 8-K filed October 6, 2026. Cited figures are marked; the original filing is the authoritative source.
Digital Realty Trust, Inc. (DLR) has announced the commencement of an offering of Euro-denominated Guaranteed Notes (Euro Notes) by its subsidiary, Digital Euro Finco, LLC.
This offering, made outside the United States under Regulation S, will be senior unsecured obligations fully guaranteed by DLR and its operating partnership. The company intends to use the net proceeds from the Euro Notes offering to finance or refinance "Eligible Green Projects," which include a range of initiatives focused on renewable energy, energy efficiency, and sustainable environmental practices. Pending allocation to these projects, proceeds may be temporarily used for debt repayment, acquisitions, development, working capital, or general corporate purposes.
In addition to the Euro Notes, the filing also details recent financing activity, specifically the pricing on September 28, 2026, of an offering of Swiss Franc Notes by subsidiary Digital Constellation B.V. These notes, in various maturities and interest rates, are also guaranteed by DLR and its affiliates and were offered outside the United States.
The net proceeds from the Swiss Franc Notes are expected to be used for similar purposes, including repaying revolving credit facilities, acquisitions, development, and general corporate needs. Investors should note the cautionary statement regarding forward-looking statements, as the consummation and outcomes of these offerings are subject to market conditions and other risks.
02—Key points
Key Highlights
- Digital Realty Trust (DLR) is commencing an offering of Euro-denominated Guaranteed Notes (Euro Notes) through its subsidiary Digital Euro Finco, LLC.
- The Euro Notes offering is intended to raise capital for financing or refinancing "Eligible Green Projects," aligning with ESG initiatives.
- Proceeds from the Euro Notes, pending allocation to green projects, can be used for debt repayment, acquisitions, development, and general corporate purposes.
- DLR recently priced an offering of Swiss Franc Notes (CHF225.0 million 1.6803% due 2029, CHF185.0 million 2.0600% due 2032, and CHF100.0 million 2.4150% due 2036) via subsidiary Digital Constellation B.V.
- Net proceeds from the Swiss Franc Notes will be used for repaying credit facilities, acquisitions, development, and general corporate purposes.
- Both the Euro Notes and Swiss Franc Notes are offered outside the United States under Regulation S.
- All offerings are subject to market and other customary closing conditions.
- The company includes a cautionary statement highlighting risks and uncertainties associated with forward-looking statements related to these offerings.
03—Questions
Frequently Asked Questions
What are the "Eligible Green Projects" that DLR intends to finance with the Euro Notes proceeds?
Eligible Green Projects encompass a broad range of environmentally focused initiatives, including renewable energy, energy efficiency, pollution prevention and control, sustainable management of natural resources and land use, biodiversity, clean transportation, sustainable water management, climate change adaptation, and green building projects.
What are the key terms of the recently priced Swiss Franc Notes?
The Swiss Franc Notes offering included CHF225.0 million of 1.6803% notes due 2029, CHF185.0 million of 2.0600% notes due 2032, and CHF100.0 million of 2.4150% notes due 2036. These notes are senior unsecured obligations of Digital Constellation B.V., guaranteed by DLR and its affiliates.
Are the proceeds from these offerings intended to fund operations or expansion?
While a portion of the proceeds from both the Euro Notes and Swiss Franc Notes may be used for working capital and general corporate purposes, a significant stated intent is to finance or refinance green projects and support growth through acquisitions and development opportunities. They can also be used to temporarily repay borrowings under credit facilities.
What is the geographic scope of these offerings?
Both the Euro Notes and the Swiss Franc Notes are being offered and sold outside the United States in reliance on Regulation S under the Securities Act of 1933. They have not been registered under the U.S. Securities Act and cannot be offered or sold within the U.S. to U.S. persons without registration or an applicable exemption.
04—Continue