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Digital Core REIT issues $91m fixed rate notes due 2030

Proceeds will be used to fund an equity investment in Osaka 3 GK.

Digital Core REIT has priced $91.31m (JPY10b) in 1.97% fixed rate notes due 2030 under its $1 b (US$750m) Euro Medium Term Note Programme.

The notes, issued by Perpetual (Asia) Limited as trustee of Digital Core REIT, will be offered at 100% of their principal amount and will mature on 9 April 2030. They are unsecured, un-rated, unlisted, and will bear a fixed interest rate of 1.97% per annum.

Mizuho Securities (Singapore) Pte. Ltd. is the sole dealer for this issuance.

Proceeds will be used to fund an equity investment in Osaka 3 GK, which owns a data centre in Minoh City, Osaka, and/or for general corporate purposes, including potential debt repayment.
 

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