Niederer Kraft Frey has advised Digital Realty (NYSE:DLR), the largest global provider of carrier- and cloud-neutral data center, colocation and interconnection solutions on the offering of CHF 275 million of 0.20 percent bonds due 2026 and CHF 270 million of 0.55 percent bonds due 2029. The bonds were issued by Digital Intrepid Holding B.V., an indirect wholly-owned holding and finance subsidiary of Digital Realty’s operating partnership, Digital Realty Trust, L.P and are fully and unconditionally guaranteed by Digital Realty and Digital Realty Trust, L.P. Digital Realty intends to allocate an amount equal to the net proceeds from the offering of the Swiss green bonds to finance or refinance, in whole or in part, recently completed or future green building, energy and resource efficiency and renewable energy projects, including the development and redevelopment of such projects. The Swiss green bonds are listed on the SIX Swiss Exchange.
The NKF team was led by Capital Markets partner Daniel Bono, working with senior associate Giulia Ghezzi (Capital Markets) and partner Markus Kronauer (Tax).
Digital Realty successfully closes CHF 545m of Swiss Green Bonds
HIGHLIGHT10 August 2021