Digital Realty Trust to conduct bonds sale in two fixed-rate tranches

By Devika Patel

Knoxville, Tenn., Aug. 2 – Digital Realty Trust LP is planning to sell guaranteed fixed-rate bonds (//BBB) in two parts, according to a 424B5 filed with the Securities and Exchange Commission.

The notes will be guaranteed by Digital Realty Trust, Inc. and feature a make-whole call and then a par call.

BofA Merrill Lynch, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Barclays, Mizuho Securities USA Inc., MUFG, PNC Capital Markets LLC, Scotia Capital (USA) Inc., SMBC Nikko, SunTrust Robinson Humphrey Inc., TD Securities (USA) LLC, U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC are the bookrunners.

The co-managers are BB&T Capital Markets, BBVA Securities Inc. and Raymond James & Associates.

Proceeds will be used for the repayment, redemption and/or discharge of DuPont Fabros Technology Inc. debt, as well as certain fees and expenses from the merger with DuPont.

Digital Realty owns, acquires, develops and operates data centers and is based in San Francisco. DuPont Fabros is a Washington, D.C.-based real estate investment trust that focuses on wholesale data centers.

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