trending Market Intelligence /marketintelligence/en/news-insights/trending/2W4tRQgnCo1KgxtEM2jGag2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Digital Realty unit prices tender offer for $500M of its 5.875% senior notes

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Digital Realty unit prices tender offer for $500M of its 5.875% senior notes

Digital Realty Trust Inc.'s operating partnership, Digital Realty Trust LP, priced its tender offer for all $500 million of its outstanding 5.875% senior notes due 2020, at $1,022.81 for each $1,000 principal amount of the notes.

Settlement of the payment for all validly tendered and accepted notes is expected Jan. 18, according to a filing. The data center real estate investment trust will use a portion of the proceeds from the operating partnership's issuance of €850 million in 2.500% guaranteed notes due Jan. 16, 2026, to fund the repurchase.

Digital Realty appointed Global Bondholder Services Corp. as the tender agent for the repurchase and BofA Merrill Lynch as the dealer manager for the offer.