The company said it issued a press release on November 6, 2024 announcing the pricing of the 1.875% Exchangeable Senior Notes due 2029 from its subsidiary, Digital Realty Trust, L.P.

1. 01

   The company said it issued a press release on November 6, 2024 announcing the pricing of the 1.875% Exchangeable Senior Notes due 2029 from its subsidiary, Digital Realty Trust, L.P.

2. 02

   The company said its subsidiary plans to offer $1,000,000,000 of exchangeable senior notes due 2029 to qualified institutional buyers under Rule 144A. It said the initial purchasers will be granted an option to buy up to an additional $150,000,000 within 13 days.

3. 03

   The company said the notes are senior unsecured obligations and mature on November 15, 2029. It said they can be redeemed for cash on or after November 22, 2027 if conditions are met, including that the last reported sale price of its common stock exceeds 130% of the exchange price. It said exchanges will be settled in cash and, where applicable, in common stock.

4. 04

   The company said its subsidiary intends to use the net proceeds to temporarily repay borrowings under its global revolving credit facilities, acquire additional properties or businesses, fund development opportunities, and provide working capital and for other general corporate purposes. It said the proceeds may also be used to repay other debt or to repurchase, redeem or retire outstanding debt securities.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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