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Digital Realty's operating partnership unit launches euro bonds offering

Digital Euro Finco LLC, a wholly owned unit of Digital Realty Trust Inc.'s operating partnership, Digital Realty Trust LP, commenced an offering of euro-denominated bonds.

Net proceeds are earmarked for repayment of borrowings under the operating partnership's global revolving credit facility, acquisition of properties or businesses, funding of development opportunities, and for working capital and other general corporate purposes.

The notes will be senior unsecured obligations of Digital Euro and will be fully and unconditionally guaranteed by the data center-focused real estate investment trust and its operating partnership.