Fitch to rate Digital Realty notes BBB

Fitch Ratings said it expects to assign a BBB rating to $100 million aggregate principal amount of senior unsecured term notes to be issued by Digital Realty Trust, LP, the operating partnership of Digital Realty Trust, Inc.

The company's issuer default rating is BBB and the outlook is stable, the agency said.

According to Fitch, the notes will be issued in two series to Prudential Investment Management, Inc. and certain of its affiliates and Digital Realty intends to use the proceeds from the transaction, which is scheduled to close on Jan. 20, to fund acquisitions and for working capital purposes.

© 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.