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Fitch assigns Digital Intrepid notes BBB
Fitch Ratings said it assigned BBB ratings to Digital Intrepid Holding BV and its planned euro-denominated green senior unsecured notes.
Digital Intrepid is an indirect, wholly owned subsidiary of Digital Realty Trust, LP that owns the InterXion Holding NV assets and some of its future developments and Digital Dutch Finco BV. In addition to the priority claim on the InterXion assets, the proposed notes are guaranteed by Digital Realty Trust, Inc. and Digital Realty Trust, LP.
Proceeds will be used to refinance debt. Digital Realty Trust Inc. intends to use an amount equal to the net proceeds for green projects. Any remaining proceeds could be used for general corporate purposes.
Fitch also affirmed Digital Realty Trust Inc. and the partnership’s BBB ratings.
The outlook is stable.
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