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Published on 6/19/2015 in the Prospect News Bank Loan Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Fitch assigns Digital Realty notes BBB

Fitch Ratings said it assigned a credit rating of BBB to the $500 million unsecured notes issued by Digital Realty Trust LP, a subsidiary of Digital Realty Trust, Inc.

The outlook is stable.

Digital Realty intends to use the proceeds to fund eligible green projects and, pending such uses, to repay the company's revolving credit facility. Eligible green projects means new or ongoing projects (including new development, expansions and/or property renovations) and/or existing assets under management by Digital Realty or any of its subsidiaries, which have received, or are expected to receive, any LEED certification rating level (certified, silver, gold or platinum) or LEED equivalent certification.


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