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Published on 2/27/2019 in the Prospect News Green Finance Daily.

New Issue: Digital Realty unit issues €225 million more 2.5% green bonds due 2026

By Susanna Moon

Chicago, Feb. 27 – Digital Realty said that operating partnership Digital Realty Trust, LP’s Digital Euro Finco, LLC wholly owned indirect finance subsidiary sold another €225 million of 2.5% green guaranteed notes due Jan. 16, 2026.

The notes will be used as an add-on to the company’s €850 million of 2.5% green guaranteed notes due Jan. 16, 2026 dated Jan. 16, according to a press release.

The notes are guaranteed by Digital Realty and Digital Realty Trust.

Proceeds will be used to finance or refinance green building, energy and resource efficiency and renewable energy projects, including the development and redevelopment of those projects.

The notes are being sold only outside the United States under Regulation S.

Digital Realty owns, acquires, develops and operates data centers and is based in San Francisco.

Issuer:Digital Euro Finco, LLC
Securities:Guaranteed notes
Guarantors:Digital Realty Trust Inc. and Digital Realty Trust LP
Amount:€225 million
Maturity:Jan. 16, 2026
Coupon:2.5%
Pricing date:Jan. 11 for €850 million, Feb. 27 for add-on
Settlement date:Jan. 16 for €850 million, March 6 for add-on
Distribution:Regulation S
Total size:€1,075,000,000, up from €850 million

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