Digital Core REIT (SGX:DCRU) priced 5 billion yen of 3.47% fixed rate bonds due 2031, according to a Tuesday filing with the Singapore Exchange.
The bonds will be issued under its $750 million euro medium term bonds program, with Mizuho Securities appointed as the sole dealer.
Net proceeds from the issuance will be used to fund the acquisition of a 25% stake in a data center in Osaka, Japan, and for general corporate purposes.
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