InfraComputeThe capital behind compute.

InfraCompute / Deals

Digital Realty US$740m term loan

Corporate credit facility for Digital Realty, US$740m, 13 January 2023.

Key terms

Borrower or issuer
Digital Realty
Date
13 January 2023
Structure
Corporate credit facility
Amount
US$740m
Pricing
Not disclosed
Tenor
Matures 31 Mar 2025 + 12-month extension

Recorded terms

Lender type
Bank loansNamed lender: DBS
Tenor
Matures 31 Mar 2025 + 12-month extension
Security
Senior unsecured
Lenders and arrangers
Bank of America (agent); Arrangers / bookrunners: PNC, DBS, Raymond James, SMBC, Scotiabank, TD, Citi, BofA Securities; Agent: BofA Securities (administrative agent)

Parties

Similar financings

Same structure, other borrowers, closest in date.

More from Digital Realty

All Digital Realty financings →

Filed documents and legal terms

The documents behind this financing that are filed on SEC EDGAR, with the governing law each states. Read any document in full before relying on it; filers may redact commercial terms.

Filed documents
1
Governing law
Not stated in the filed text
Quoted in the clause and contract libraries
0
Filed documentDatedGoverning lawIn InfraCompute
SEC Form 8-K (financing announcement / closing)13 January 2023––

In-house counsel working on similar terms? Ask Randeep for a market check or see what is market.

For counsel on this deal

Acting for a lender, borrower or sponsor on a financing like this? Start from the filed precedents. Previews are open; the full text is free with InfraCompute Weekly.

Sources

  1. Digital Realty US$740m term loanSource date: 13 January 2023

About this record

Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.

Read the structure

Randeep Bubbra

InfraCompute Weekly

The week in compute finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing data centres, GPU clouds and the power behind them. By Randeep Bubbra.

Working on a financing like this one? Book 20 minutes with Randeep to see how it compares.

Fridays, one email. Work email only. Unsubscribe any time. Privacy.