Digital Realty Trust Finishes Amending Credit Facility

Digital Realty Trust has completed an amendment to its revolving credit facility that gives it the ability to add eligible unencumbered international assets. The company said the international technology-related real estate assets include properties in Canada, England, Wales, France, Spain, the Netherlands, Singapore and Australia. International assets may comprise up to 25% of the borrowing base, with assets in Spain and Singapore limited to up to 10% of the borrowing base. The amendment aims to provide the company's unsecured lenders with the additional benefit of geographic and tenant concentration diversification and pursue an unsecured financing strategy in Europe and Asia similar to the one it uses in the U.S., according to A. William Stein, chief financial officer and chief investment officer at Digital Realty Trust.