Digital Realty in £400m debut after three month wait
Digital Realty Trust, the US real estate investment trust that specialises in data centres, priced its debut sterling bond on Tuesday, three months after a roadshow in October to prepare for the deal.
Bank of America Merrill Lynch, Barclays and Deutsche Bank led the bond, rated Baa2/BBB/BBB, with stable outlooks. It was increased from £300m to £400m during the sale. Lloyds was a passive bookrunner for the trusts first ever deal outside dollars.
It is growing in Europe, including acquiring the
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