Arrow loan arrangers
With this strong support from our lending group, we were able to upsize the revolving credit facility by $350 million and extend the maturities of our global revolving credit facility and multi-currency term loan by three years.
![arrow loan arrangers arrow loan arrangers](https://goloans.co/wp-content/uploads/2019/04/green-arrow-loans-scam.png)
"The refinancing of our existing credit facilities was oversubscribed with commitments totaling over $6 billion from 28 financial institutions from around the world. Power, Digital Realty's Chief Financial Officer. "We were very pleased by the strong support we received from the international lending community for the refinancing of our existing facilities as well as our new Japanese Yen facility," said Andrew P. The unused facility fee is 10 basis points. Pricing for the ¥33.3 billion facility is based on the company's BBB / Baa2 senior unsecured debt rating at 50 basis points over the applicable index for floating rate advances. The facility matures in January 2024 and can be increased up to an additional ¥60 billion (approximately $535 million). The company also closed a five-year, ¥33.3 billion (approximately $300 million) revolving credit facility. The duration of the $300 million term loan was reduced from seven years to five years, and pricing was lowered from 155 basis points to 100 basis points over the applicable index for floating rate advances. Pricing for the $512 million multi-currency term loan and the $104 million secured term loan is based on the company's BBB / Baa2 senior unsecured debt rating and was lowered from 110 to 100 basis points over the applicable index for floating rate advances.
![arrow loan arrangers arrow loan arrangers](https://images.jazelc.com/uploads/yourloanarranger/star_blue.png)
In addition, we have the ability to increase the unsecured term loans and the global revolving credit facility, in any combination, by up to $1.25 billion. The $916 million term loans include a multi-currency unsecured term loan of approximately $512 million that matures in January 2023 with two six-month extension options a $300 million unsecured term loan that matures in January 2023 and a $104 million secured term loan that matures in March 2023. The annual facility fee is 20 basis points. Pricing for the facility is based on the company's BBB / Baa2 senior unsecured debt rating and was lowered from 100 to 90 basis points over the applicable index for floating rate advances. The $2.35 billion global revolving credit facility matures in January 2023 and has two six-month extension options. The company also completed a five-year, ¥33.3 billion (approximately $300 million) Japanese yen-denominated revolving credit facility to fund capital requirements for the company's joint venture with Mitsubishi Corporation and for general corporate purposes. In conjunction with the refinancing, pricing for the global revolving credit facility was tightened by 10 basis points at the company's BBB / Baa2 senior unsecured debt rating, the maturity date was extended by three years and total availability was expanded by $350 million.
![arrow loan arrangers arrow loan arrangers](https://i.ytimg.com/vi/3GyBYvjDHno/maxresdefault.jpg)
The refinancing provides funds for acquisitions, development, debt repayment, working capital and general corporate purposes. The combined facilities total $3.3 billion, consisting of a $2.35 billion global revolving credit facility and approximately $916 million of multi-currency term loans. 25, 2018 /PRNewswire/ - Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, announced today that it has completed the refinancing of its global credit facilities.