Exhibit 99.1
![LOGO](https://capedge.com/proxy/8-K/0001193125-19-260533/g811703img01.jpg)
Digital Realty Announces Pricing of
€500 million of Euro-Denominated Bonds
SAN FRANCISCO, CA – October 2, 2019 – Digital Realty (the “Company”) (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, announced today that Digital Euro Finco, LLC, a wholly owned indirect finance subsidiary of the company’s operating partnership, Digital Realty Trust, L.P. (the “Operating Partnership”), priced an offering of €500 million of Euro-denominated 1.125% Guaranteed Notes due 2028 (the “Euro Notes”). The Euro Notes will be senior unsecured obligations of Digital Euro Finco, LLC and will be fully and unconditionally guaranteed by the Company and the Operating Partnership. Interest on the Euro Notes will be payable annually in arrears at a rate of 1.125% per annum from and including October 9, 2019, and the Euro Notes will mature on April 9, 2028. Closing of the offering is expected to occur on October 9, 2019, subject to the satisfaction of customary closing conditions.
The Company intends to use the net proceeds from this offering to repay borrowings outstanding under the Operating Partnership’s global revolving credit facility, acquire additional properties or businesses, fund development opportunities, and to provide for working capital and other general corporate purposes, including potentially for the repayment of other debt or the repurchase, redemption, or retirement of outstanding debt securities or preferred stock, or a combination of the foregoing.
The Euro Notes are being sold only outside the United States in reliance on Regulation S under the U.S. Securities Act of 1933, as amended, or the Securities Act. The Euro Notes have not been and will not be registered under the Securities Act, and may 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 Euro Notes, nor shall there be any offer, solicitation or sale of the Euro Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Safe Harbor StatementThis press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the timing and consummation of the offering of the Euro Notes and the expected use of the net proceeds. 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 Company’s reports and other filings with the U.S. Securities and Exchange Commission, including the Annual Report on Form10-K for the year ended December 31, 2018 and Quarterly Reports on Form10-Q for the quarters ended March 31, 2019 and June 30, 2019. 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.
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