Press release from PR Newswire
Digital Realty Commences Offering Of Guaranteed Notes
Tuesday, January 15, 2013
Digital Realty Commences Offering Of Guaranteed Notes04:14 EST Tuesday, January 15, 2013SAN FRANCISCO, Jan. 15, 2013 /PRNewswire/ -- Digital Realty Trust, Inc. (the "Company") (NYSE: DLR) today announced that Digital Stout Holding, LLC, a wholly-owned subsidiary of its operating partnership, Digital Realty Trust, L.P. (the "Operating Partnership"), has commenced a private placement, subject to market conditions, of its Guaranteed Notes due 2025 (the "Notes"). The Notes will be senior unsecured obligations of Digital Stout Holding, LLC and will be fully and unconditionally guaranteed by the Company and the Operating Partnership. The interest rate and offering price are to be determined by negotiations between the Digital Stout Holding, LLC and the managers of the offering.The Company intends to use the net proceeds from the offering of the Notes to temporarily repay borrowings under its global revolving credit facility, to acquire additional properties, to fund development and redevelopment opportunities, for general working capital purposes or a combination of the foregoing. The Notes will be offered only outside the United States in reliance on Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The Notes will not be registered under the Securities Act and will not be offered or sold in the United States or to United States persons (within the meaning of Regulation S under the Securities Act) absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the Notes, nor shall there be any offer, solicitation or sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.Safe Harbor StatementThis press release contains forward-looking statements, including statements related to the timing and consummation of the offering of the Notes and the expected use of the net proceeds. 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 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 the Company and the Operating Partnership's combined Annual Report on Form 10-K for the year ended December 31, 2011 and combined Quarterly Reports on Form 10-Q for the quarters ended March 31, 2012, June 30, 2012 and September 30, 2012. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.For Additional Information: A. William Stein Pamela M. Garibaldi Chief Financial Officer and Vice President, Investor Relations Chief Investment Officer and Corporate Marketing Digital Realty Trust, Inc. Digital Realty Trust, Inc. +1 (415) 738-6500 +1 (415) 738-6500 SOURCE Digital Realty Trust, Inc.