Digital Realty plans to repay revolver borrowings with note proceeds

By Sarah Lizee

Olympia, Wash., Oct. 2 – Digital Realty Trust, Inc. plans to repay borrowings outstanding under Digital Realty Trust, LP’s global revolving credit facility using some proceeds from a new offering of euro-denominated bonds, according to a press release.

Proceeds from the offering will also be used to acquire additional properties or businesses, to fund development opportunities and to provide for working capital and other general corporate purposes, including potentially for the repayment of other debt or the repurchase, redemption, or retirement of outstanding debt securities or preferred stock.

Digital Realty is a San Francisco-based real estate investment trust specializing in data centers.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.