Shearman And Sterling

News January 19, 2023

Digital Core REIT’s €300 Million Term Loan Facilities

Shearman & Sterling represented Citigroup Global Markets Singapore Pte. Ltd., as facility agent, in connection with Digital Core REIT’s three-year term loan facility of up to €150 million and five-year term loan facility of up to €150 million.  The total combined facilities of €300 million are guaranteed by Digital CR REIT.

Listed on the Main Board of the Singapore Exchange Securities Trading Limited, Digital Core REIT is the only pure-play data centre Singapore REIT (S-REIT) sponsored by a global best-in-class pure-play listed data centre owner and operator, Digital Realty. Digital Core REIT is an S-REIT established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally which are used primarily for data centre purposes, as well as assets necessary to support the digital economy.

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