Digital Realty ups credit facilities to $4.5B

Digital Realty has amended its existing $3.75 billion senior unsecured multi-currency global revolving credit facility to $4.2 billion to further its investments in building data centers. 

The maturity date of the global revolving credit facility was extended by three years and total availability was expanded by $450 million. 

The $4.2 billion global revolving credit facility matures in January 2029 and has two six-month extension options, subject to certain conditions. Additionally, Digital Realty can increase the global revolving credit facility by up to $1.8 billion, including incremental term loan capacity. 

Digital Realty also amended, extended, and upsized its existing Japanese yen-denominated senior unsecured revolving credit facility. The original facility has increased to ¥42.511 billion (approximately $297 million), while the maturity date was extended by three years. 

Digital Realty can also increase this credit facility to an additional ¥60 billion (approximately $418 million), including incremental term loan capacity. 

Funds from the combined facilities may be drawn in U.S., Canadian, Singapore, Australian and Hong Kong dollars, euro, pound sterling, Swiss francs, Japanese yen, Indonesian rupiah, and Korean won denominations. 

"The refinancing demonstrates the institutional lender community's continued confidence in our balance sheet and renewed sponsorship of our global data center platform while providing us with increased financial flexibility as we continue to invest in the growth of our global portfolio prudently,” said Matt Mercier, Digital Realty's CFO. 

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