Digital Realty Trust Issues $1.15B Senior Notes Due 2029

Summary

On November 12, 2024, Digital Realty Trust, L.P., a subsidiary of Digital Realty Trust, Inc., issued $1,150,000,000 principal amount of 1.875% Exchangeable Senior Notes due 2029. The issuance was made pursuant to an indenture and a purchase agreement. The notes are guaranteed by Digital Realty Trust, Inc. They will accrue interest at 1.875% per annum and may be exchanged for shares of the company's common stock after August 15, 2029. The notes were issued to initial purchasers in reliance on Section 4(a)(2) of the Securities Act and resold to qualified institutional buyers under Rule 144A.