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FRANKFURT - Digital Dutch Finco B.V. announced Tuesday it is preparing to issue a euro-denominated benchmark 9-year bond, fully and unconditionally guaranteed by Digital Realty (NYSE:DLR) Trust, Inc.
Deutsche Bank AG (ETR:DBKGn), acting as the stabilization coordinator, stated that stabilization managers may support the securities’ market price during the stabilization period, which is expected to begin June 17, 2025, and end no later than August 5, 2025.
Initial price guidance for the bond with ISIN code XS3102229922 indicates a spread of approximately 180 basis points over the mid-swap rate. The aggregate nominal amount has yet to be determined.
The stabilization managers, including Deutsche Bank, ING, and MUFG, may over-allot securities to the extent permitted by applicable law, according to the press release statement.
The securities have not been registered under the United States Securities Act of 1933 and will not be offered or sold in the United States. The offering is primarily directed at qualified investors in the European Economic Area and the United Kingdom (TADAWUL:4280).
The announcement comes as part of the company’s financing activities, with the bond issuance subject to market conditions. The stabilization period is intended to support the initial trading of the securities following issuance.
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