Global wholesale datacenter provider, Digital Realty Trust, has raised $400 million in a sale of senior unsecured notes. The bonds, which carry a coupon rate of 5.25%, will mature in 2021. The company plans to use the net proceeds to temporarily repay borrowings under its revolving credit facility, to acquire additional properties, to fund development and redevelopment opportunities and for general working capital purposes. The joint book-running managers for the sale were Morgan Stanley, Citi, Merrill Lynch, Pierce, Fenner & Smith, Credit Suisse Securities (USA) and Deutsche Bank.

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