Digital Realty Trust Inc. priced the £400 million offering of pounds sterling-denominated 3.750% guaranteed notes due Oct. 17, 2030.

The notes will be senior unsecured obligations of Digital Stout Holding LLC, a subsidiary of Digital Realty Trust's operating partnership Digital Realty Trust LP.

The offering is expected to be settled Oct. 17.

Net proceeds from the offering will be used to repay outstanding borrowings under the operating partnership's global credit facilities, to fund development and acquisition opportunities, and for other general corporate purposes.