Digital Realty Trust to temporarily pay down revolving credit facility

By Angela McDaniels

Tacoma, Wash., May 23 – Digital Realty Trust, Inc. plans to temporarily repay borrowings under its global revolving credit facility with the proceeds of €125 million of floating-rate guaranteed notes due 2019, according to an 8-K filing with the Securities and Exchange Commission.

The notes were issued by Digital Euro Finco, LLC to an institutional investor in a private placement on Monday.

Proceeds will also be used for general corporate purposes.

Digital Realty owns, acquires, develops and operates data centers and is based in San Francisco.

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