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Get filing alertsDigital Realty issues €1.0B of 5.125% green notes due 2036
Filed October 9, 2026 · Period ending October 9, 2026 · ~1 min read
Key Changes
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Digital Euro Finco, a finance subsidiary, issued €1.0B of 5.125% senior notes due 2036, fully guaranteed by Digital Realty Trust and its operating partnership.
Item 1.01 verify on EDGAR → -
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Net proceeds were approximately €985.8M after discounts and expenses, earmarked for eligible green projects including renewable energy and green buildings.
Item 1.01 verify on EDGAR → -
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The notes were sold at 99.289% of principal, implying a slightly higher effective yield than the stated coupon.
Item 2.03 verify on EDGAR → -
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The indenture includes restrictive covenants limiting additional indebtedness and requiring maintenance of unencumbered assets.
Item 1.01 verify on EDGAR →
Summary
Digital Realty Trust, Inc. announced that its indirect finance subsidiary, Digital Euro Finco, LLC, issued €1.0 billion aggregate principal amount of 5.125% Guaranteed Notes due 2036. The notes are fully and unconditionally guaranteed by Digital Realty Trust, Inc. and its operating partnership.
The offering closed on October 9, 2026, with net proceeds of approximately €985.8 million after underwriting discounts and estimated offering expenses.
The company intends to allocate an amount equal to the net proceeds to finance or refinance eligible green projects, including renewable energy, energy efficiency, pollution prevention and control, sustainable water and wastewater management, and green building projects. This aligns with Digital Realty's sustainability financing strategy and provides long-term, fixed-rate capital for its data center portfolio. For retail investors, this issuance represents a significant addition to the company's debt stack, extending its maturity profile with a 10-year instrument. The notes carry standard investment-grade covenants, including limitations on additional indebtedness and requirements to maintain a pool of unencumbered assets. The offering was priced at a slight discount to par, reflecting current market conditions for Euro-denominated corporate debt.
Section-by-Section Diff
Event · Item 1.01 — Entry into a Material Definitive Agreement
Item 1.01 — Entry into a Material Definitive Agreement filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
We intend to allocate an amount equal to the net proceeds from the offering of the Euro Notes to finance or refinance, in part or in full, new and/or existing renewable energy, energy efficiency, pollution prevention and control, environmentally sustainable management of living natural resources and land use, terrestrial and aquatic biodiversity, clean transportation, sustainable water and wastewater management, climate change adaptation and green building projects
The company plans to use the net proceeds to finance or refinance eligible green projects, including renewable energy, energy efficiency, and green building initiatives. This aligns the offering with the company's sustainability financing strategy.
Added in current filing · verify on EDGAR →
The Indenture contains various restrictive covenants, including limitations on our ability to incur additional indebtedness and requirements to maintain a pool of unencumbered assets.
The indenture governing the notes includes restrictive covenants that limit additional indebtedness and require the company to maintain a pool of unencumbered assets. These covenants are standard for investment-grade debt offerings and provide bondholder protections.
Event · Item 2.03 — Creation of a Direct Financial Obligation
Item 2.03 — Creation of a Direct Financial Obligation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
The Euro Notes bear interest at the rate of 5.125% per annum and will mature on October 9, 2036.
The notes carry a fixed 5.125% annual coupon and a 10-year term. Interest is payable annually beginning October 9, 2027.
Added in current filing · verify on EDGAR →
Digital Euro Finco, LLC’s obligations under the Euro Notes are fully and unconditionally guaranteed by Digital Realty Trust, Inc. and the operating partnership.
The parent company and its operating partnership fully and unconditionally guarantee the notes, providing credit support beyond the issuing subsidiary.
Added in current filing · verify on EDGAR → · paraphrased
The Euro Notes are redeemable in whole at any time or in part from time to time, at Digital Euro Finco, LLC’s option, at a redemption price equal to the sum of: an amount equal to 100% of the principal amount of the Euro Notes to be redeemed plus accrued and unpaid interest up to, but not including, the redemption date; and a make-whole premium calculated in accordance with the terms of the Indenture.
The notes can be redeemed early at the issuer's option, subject to a make-whole premium. If redeemed within 90 days of maturity, no make-whole premium applies.
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Figures/quotes linked to EDGAR · Narrative written by AI · Oct 12, 2026 · How we verify