trending Market Intelligence /marketintelligence/en/news-insights/trending/2W4tRQgnCo1KgxtEM2jGag2 content esgSubNav
In This List

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

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet

Blog

Insight Weekly: Stocks limp into 2023; GCC banks set for rebound; deep-sea mining faces pushback

Blog

Infographic: The Big Picture 2023 Issuer & Investor Relations Outlook


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.