Thursday, Digital Realty Trust Inc. (DLR) said its operating partnership subsidiary, Digital Realty Trust, L.P., priced a private placement of $500 million aggregate principal amount of 5.875% Notes due 2020 at 98.296% of face value. The Notes will be senior unsecured obligations of the Operating Partnership and will be fully and unconditionally guaranteed by the company.
Digital Realty Trust, L.P. intends to utilize the net proceeds from the offering to temporarily repay all or a portion of its borrowings under its revolving credit facility, to acquire additional properties, to fund development and redevelopment opportunities and for general corporate purposes. It also intends to reborrow amounts under its revolving credit facility from time to time to acquire additional properties, to fund development and redevelopment opportunities and for general corporate purposes.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.