SAN FRANCISCO, June 14, 2018 /PRNewswire/ -- Digital Realty (NYSE : DLR ), a leading global provider of data center, colocation and interconnection solutions, announced today that its operating partnership, Digital Realty Trust, L.P., has commenced an offering of Senior Notes due 2028, subject to market and other conditions. The notes will be senior unsecured obligations of the operating partnership and will be fully and unconditionally guaranteed by Digital Realty Trust, Inc.
The company intends to use the net proceeds from the offering of the notes to repay borrowings outstanding under the operating partnership's global revolving credit facility, to acquire additional properties or businesses, to fund development opportunities, to provide for working capital and other general corporate purposes, including the potential repayment of debt or the repurchase, redemption or retirement of outstanding debt or equity securities.
The offering of the notes will be made under an effective shelf registration statement filed with the Securities and Exchange Commission and only by means of a prospectus and prospectus supplement. A preliminary prospectus supplement and accompanying prospectus relating to the offering will be filed with the SEC and will be available by visiting the EDGAR database on the SEC's website at www.sec.gov.
A copy of the preliminary prospectus supplement, final prospectus supplement (when available) and the accompanying prospectus relating to the offering may be obtained by contacting:
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Attn: Prospectus Department
200 North College Street
Charlotte, NC 28255
J.P. Morgan Securities LLC
383 Madison Avenue
New York, NY 10179
Attn: Investment Grade Syndicate Desk
Fax: (212) 834-6081
SMBC Nikko Securities America, Inc.
277 Park Avenue
New York, NY 10172
Attention: Debt Capital Markets
U.S. Bancorp Investments, Inc.
214 N. Tryon St., 26th Floor
Charlotte, NC 28202
Attention: Credit Fixed Income
This press release shall not constitute an offer to sell or a solicitation of an offer to purchase the notes or any other securities and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
About Digital Realty
Digital Realty supports the data center, colocation and interconnection strategies of more than 2,300 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia. Digital Realty's clients include domestic and international companies of all sizes, ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare and consumer products.
For Additional Information
Andrew P. Power
Chief Financial Officer
John J. Stewart / Maria S. Lukens
Safe Harbor Statement
This press release contains forward-looking statements, including statements related to the offering of the notes and the expected use of the net proceeds therefrom. These risks and uncertainties include, without limitation, risks and uncertainties related to market conditions and satisfaction of customary closing conditions related to the offering. The company and the operating partnership can provide no assurances that it will be able to complete the offering on the anticipated terms, or at all. For a further list and description of such risks and uncertainties, see the reports and other filings by the company and the operating partnership with the U.S. Securities and Exchange Commission, including their Annual Report on Form 10-K for the year ended December 31, 2017 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2018. The company and the operating partnership disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Digital Realty