Digital Realty Gets $100M Loan

Digital Realty Trust has secured a $100 million unsecured revolving credit facility from a syndicate of four banks.

Digital Realty Trust has secured a $100 million unsecured revolving credit facility from a syndicate of four banks. Under the agreement, funds may be initially drawn in Singapore and Australian dollars, with the ability to add Hong Kong dollars in the future. The loan, which is due to mature in August 2012, can be increased to up to $200 million. The company intends to use the proceeds to provide funds for acquisitions, development, repayment of debt, working capital and for general corporate purposes.

Click here for the release from PR Newswire.