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Digital Realty prices USD 500 mln, USD 450 mln offering

Thursday 24 September 2015 | 09:05 CET | News
Digital Realty Trust, a provider of data centre and colocation service, has priced a private placement of USD 500 million worth of 3.400 percent notes due 2020 and USD 450 million worth of 4.750 percent notes due 2025. The provider said it will use the money raised from the offering to fund part of its previously announced acquisition of US data centre operator Telx. Extra money will go to paying back debt. If the acquisition of Telx is not completed by 11 February, or if the merger agreement is terminated before that time, all of the notes will be redeemed.

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Categories: Fixed
Companies: Telx
Countries: United States
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