Digital Realty Closes CHF510 Million Swiss Bond Offering
Digital Realty raised CHF510 million through three tranches of Swiss bonds maturing in 2029, 2032, and 2036.
Digital Realty Trust (NYSE: DLR) announced Tuesday that it has closed a CHF510 million Swiss bond offering through Digital Constellation B.V., an indirect wholly-owned finance subsidiary of its operating partnership, Digital Realty Trust, L.P.
The offering comprised three separate tranches: CHF225 million in bonds carrying a 1.6803% coupon rate due in 2029, CHF185 million at 2.0600% due in 2032, and CHF100 million at 2.4150% due in 2036. The structure allows the Austin, Texas-based data center giant to spread its debt obligations across multiple maturities, a common approach to managing refinancing risk.
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Digital Realty is one of the world's largest providers of carrier- and cloud-neutral data center, colocation, and interconnection services. Tapping Swiss capital markets gives the company access to institutional investors in a traditionally stable currency environment, potentially diversifying its funding base beyond U.S. dollar-denominated instruments.
The bond transaction reflects continued appetite among global data center operators to secure long-term financing as demand for digital infrastructure — driven by cloud computing and artificial intelligence workloads — remains robust. The staggered maturities across a roughly decade-long horizon suggest a strategic approach to liability management.
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