Digital Realty announced it has amended, extended, and upsized its existing $3.75 billion senior unsecured multi-currency global revolving credit facility to $4.2 billion. The maturity date of this global facility was extended by three years, now set for January 2029, with options for two additional six-month extensions.
Concurrently, the company also amended, extended, and upsized its Japanese yen-denominated senior unsecured revolving credit facility from ¥33.285 billion to ¥42.511 billion, equivalent to approximately $297 million. This facility also matures in January 2029 with similar extension options, and its pricing is set at 50 basis points over the applicable index for floating rate advances.
The combined facilities provide Digital Realty with increased financial flexibility, including the ability to further increase the global facility by up to $1.8 billion and the Japanese facility by up to ¥60 billion. The net proceeds are intended to temporarily repay existing borrowings, acquire additional properties or businesses, fund development opportunities, and support general corporate purposes, including potential debt repayment.
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