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Digital Realty unit prices €500M notes offering

Digital Euro Finco LLC, a wholly owned unit of Digital Realty Trust Inc.'s operating partnership, Digital Realty Trust LP, priced an offering of €500 million of 1.125% guaranteed senior unsecured notes due April 9, 2028.

The data center real estate investment trust aims to use the net proceeds to repay borrowings outstanding under its global revolving credit facility, to acquire additional properties or businesses, to fund development opportunities, and for working capital and other general corporate purposes.

The offering is expected to close Oct. 9.