Individual.com logo
  For free personalized news click here!
Select a date:

Newsdesks
Top World News
Business
Finance
Internet
Computing
Environmental
Energy
Healthcare
Industry News, A-Z
Sports
Telecom
Transportation
Table bottom

Top Topics
No top stories
Table bottom

Top Topics
Alternative Energy
Legal
Government
Corporate Performance
Managed Health Care
Crime & Law Enforcement
Telecom News
Email
Gerontology
Financial Services & Investing
Table bottom

Digital Realty Announces Pricing of EUR850 million of Green Bonds

SAN FRANCISCO, Jan 11, 2019 (PR Newswire Europe via COMTEX) --

Digital Realty (the "Company") , a leading global provider of data center, colocation and interconnection solutions, announced today that Digital Euro Finco, LLC, a wholly owned indirect finance subsidiary of the Company's operating partnership, Digital Realty Trust, L.P. (the "Operating Partnership"), priced an offering of EUR850 million aggregate principal amount of Euro-denominated 2.500% Guaranteed Notes due 2026 (the "Euro Notes"). The Euro Notes will be senior unsecured obligations of Digital Euro Finco, LLC and will be fully and unconditionally guaranteed by the Company and the Operating Partnership. Interest on the Euro Notes will be payable annually in arrears at a rate of 2.500% per annum, and the Euro Notes will mature on January 16, 2026. Settlement of the offering is expected to occur on January 16, 2019, subject to the satisfaction of customary closing conditions.

The Company intends to allocate an amount equal to the net proceeds from the offering of the Euro Notes to finance or refinance, in whole or in part, certain green building, energy and resource efficiency and renewable energy projects (collectively, "Eligible Green Projects"), including the development and redevelopment of such projects. Pending the allocation of an amount equal to the net proceeds of the Euro Notes to Eligible Green Projects, all or a portion of an amount equal to the net proceeds may be used for the payment of outstanding indebtedness or other capital management activities. Such indebtedness to be redeemed or repaid is expected to include the Operating Partnership's 5.875% Senior Notes due 2020 pursuant to a tender offer for such notes announced separately today, by redemption or otherwise and may include borrowings under the Operating Partnership's global credit facilities, as well as other outstanding debt securities.

The Euro Notes are being sold only outside the United States in reliance on Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The Euro Notes have not been and will not be registered under the Securities Act, and may not be offered or sold in the United States or to United States persons (within the meaning of Regulation S under the Securities Act) absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the Euro Notes, nor shall there be any offer, solicitation or sale of the Euro Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Digital Realty

Digital Realty supports the data center, colocation and interconnection strategies of more than 2,300 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Latin America, Asia and Australia. Digital Realty's clients include domestic and international companies of all sizes, ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare and consumer products.

For Additional Information:Andrew P. PowerChief Financial OfficerDigital Realty(415) 738-6500

Investor RelationsJohn J. Stewart / Maria S. LukensDigital Realty(415) 738-6500investorrelations@digitalrealty.com [mailto:investorrelations@digitalrealty.com]

Safe Harbor Statement

This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the timing and consummation of the offering of the Euro Notes and the expected use of the net proceeds. The Company can provide no assurances that it will be able to complete the offering on the anticipated terms, or at all. For a further list and description of such risks and uncertainties, see the reports and other filings by the Company with the U.S. Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 2017 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2018, June 30, 2018 and September 30, 2018. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Reg S Statement

This communication is not an offer to sell or a solicitation of an offer to buy securities ("Securities") of Digital Realty Trust, Inc. or its subsidiaries. The Securities have not been and will not be registered under the Securities Act, or with any securities regulatory authority of any state or other jurisdiction of the United States. Consequently, the Securities may not be offered, sold, resold, transferred, delivered or distributed, directly or indirectly, into or within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. Any offering of the Securities will be conducted pursuant to Regulation S under the Securities Act.

Notice to EEA Retail Investors

The Euro Notes are not intended to be offered, sold or otherwise made available to and, with effect from such date, should not be offered, sold or otherwise made available to any retail investor in the European Economic Area (the "EEA"). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II"); or (ii) a customer within the meaning of Directive 2002/92/EC (as amended, the "IMD"), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II. Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended, the "PRIIPs Regulation") for offering or selling the Euro Notes or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the Euro Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation.


Web site:  http://www.digitalrealtytrust.com/


Copyright (C) 2019 PR Newswire Europe ********************************************************************** As of Monday, 01-07-2019 23:59, the latest Comtex SmarTrendĀ® Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-17-2012 for DLR @ $70.71. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright Ā© 2004-2019 Comtex News Network, Inc. All rights reserved.
News Provided by

...

Home Help My Settings Privacy Policy Terms of Service Advertising About Us Contact Us Logout

Copyright , Individual.com. No redistribution allowed.