O’Melveny Advises on US$818 Million in Credit Facilities for Digital Core REIT
November 11, 2026
FOR IMMEDIATE RELEASE
NEW YORK—November 11, 2026—O’Melveny represented Citigroup Global Markets Asia Ltd. as mandated lead arranger and Citicorp International Limited as facility agent in connection with US$818 million in recast credit facilities for Digital Core REIT. The credit facilities will be used to refinance certain of Digital Core REIT’s existing term loan and multicurrency revolving credit loan facilities, for working capital, and for other general corporate purposes. The maturity dates of the recast credit facilities were extended by approximately two and a half years. The facilities include certain term loan tranches denominated in Japanese Yen and Singapore dollars. The facilities also provide the flexibility to upsize by up to US$500 million. The transaction was announced November 10.
Digital Core REIT (SGX: DCRU) is a leading pure-play data center REIT listed in Singapore and sponsored by Digital Realty Trust (NYSE: DLR).
The O’Melveny team advising on the transaction was led by New York Real Estate partner Malcolm Montgomery and counsel Sarah Hoffner.
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Contact:
Brandon Jacobsen
O’Melveny & Myers LLP
+1 213 430 8024
bjacobsen@omm.com
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Digital Core REIT issued the following announcement:
Digital Core REIT Recasts US$818 Million Credit Facilities
Singapore, 10 November 2026 – Digital Core REIT (SGX: DCRU), a leading pure-play data centre REIT listed in Singapore and sponsored by Digital Realty (NYSE: DLR), announced that it has recast US$818 million of credit facilities, comprising a US$197 million senior unsecured multicurrency term loan facility maturing in 2030, a US$346 million senior unsecured multicurrency term loan facility maturing in 2032 and a US$275 million senior unsecured revolving multicurrency loan facility maturing in 2031 (with two six-month extension options). The recast credit facilities will be used for, among other things, refinancing Digital Core REIT’s existing US$716 million term loan and multicurrency revolving credit loan facilities, for working capital, and for other general corporate purposes.
The maturity dates of the recast credit facilities were extended by approximately two and a half years. The US$346 million term loan facility also includes a Japanese Yen-denominated tranche and a Singapore dollar-denominated tranche, providing greater flexibility to borrow in the currencies supporting Digital Core REIT’s global asset base. In addition, the facilities also provide the flexibility to upsize by up to US$500 million.
“We are pleased to achieve this significant milestone, amending and extending our credit facilities with strong support from world class lenders,” said Dave Craft, CFO of Digital Core REIT Management Pte. Ltd. “The refinancing demonstrates our lending partners’ continued confidence in our balance sheet and our business. We would like to acknowledge the efforts of Citigroup, BofA Securities, and DBS Bank in their capacity as mandated lead arrangers and bookrunners for the successful refinancing of the credit facilities, and we extend our gratitude to all of our banking partners for their continued commitment and support.”
For Additional Information
Investor Relations
Mabel Tan
Director of Investor Relations
+65 6505 3948
IR@digitalcorereit.com
Media Inquiries
media@digitalcorereit.com
About Digital Core REIT
Digital Core REIT (SGX: DCRU) is a leading pure-play data centre REIT listed in Singapore and sponsored by Digital Realty, the largest global data centre owner and operator. Digital Core REIT aims to create long-term, sustainable value for all stakeholders through ownership of a stabilised and diversified portfolio of mission-critical data centre facilities concentrated in select global markets. For more information, please visit digitalcorereit.com.
Important Notice
This announcement is for information purposes only and does not constitute or form part of an offer, invitation, or solicitation of any offer to purchase or subscribe for any securities of Digital Core REIT in Singapore or any other jurisdiction nor should it or any part of it form the basis of, or be relied upon in connection with, any contract or commitment whatsoever. The value of units in Digital Core REIT (“Units”) and the income derived from them may fall as well as rise. The Units are not obligations of, deposits in, or guaranteed by Digital Core REIT Management Pte. Ltd. (as manager of Digital Core REIT (the “Manager”)), Perpetual (Asia) Limited (as trustee of Digital Core REIT) or any of their respective affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested. The past performance of Digital Core REIT is not necessarily indicative of its future results.
This announcement may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements due to various risks, uncertainties, and assumptions. These forward-looking statements speak only as at the date of this presentation. No assurance can be given that future events will occur, that projections will be achieved, or that assumptions are correct. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from similar developments, shifts in expected levels of property rental revenue, changes in operating expenses, property expenses, governmental and public policy changes, and the continued availability of financing in the amounts and on the terms necessary to support future business.
Investors are cautioned not to place undue reliance on these forward-looking statements, which are based on the Manager’s current view of future events. Holders of Units (“Unitholders”) have no right to request that the Manager redeem or purchase their Units while the Units are listed.
It is intended that Unitholders may only deal in their Units through trading on Singapore Exchange Securities Trading Limited (the “SGX-ST”). Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units.