Digital Realty Trust unit sells €1 billion of 5.125% guaranteed notes due 2036
The company said it intends to allocate approximately €985.8 million in net proceeds to eligible green projects.
GetSignal Digital Realty Trust DLR
On October 9, 2026, Digital Euro Finco, LLC, a wholly owned indirect finance subsidiary of Digital Realty Trust's operating partnership, issued and sold €1 billion of 5.125% guaranteed notes due 2036. The initial purchasers paid 99.289% of principal. The notes were sold outside the United States under Regulation S and have not been registered under the Securities Act of 1933.
The notes are senior unsecured obligations of the subsidiary and rank equally with its other senior unsecured and unsubordinated debt. Digital Realty Trust, Inc. and the operating partnership fully and unconditionally guarantee them. Interest is payable each October 9, beginning October 9, 2027, and the notes mature October 9, 2036.
According to the filing, the subsidiary has the option to redeem the notes in whole or in part at any time before maturity. The redemption price equals principal plus accrued and unpaid interest, plus a make-whole premium. For redemptions on or after 90 days before the maturity date, the redemption price does not include a make-whole premium.
The company said it intends to allocate an amount equal to the net proceeds, approximately €985.8 million after managers' discounts and estimated offering expenses, to eligible green projects.
The company said that, pending that allocation, it may temporarily repay borrowings under the operating partnership's global revolving credit facilities or fund acquisitions and development. The indenture limits the company's ability to incur additional indebtedness and requires it to keep a pool of unencumbered assets.
Key facts
- Principal amount
- €1 billion
- Coupon
- 5.125% per year
- Issue price
- 99.289% of principal
- Maturity
- October 9, 2036
- Net proceeds
- approximately €985.8 million
- Issuer
- Digital Euro Finco, LLC
Source: Form 8-K filed October 9, 2026.
Written by GetSignal with AI from the company's SEC filing.
Not investment advice.
