SAN FRANCISCO-Digital Realty Trust, Inc., a leading global provider of data center solutions, has completed the refinancing of its global revolving credit facility and term loan.

The refinancing allows the company to reduce pricing, extend loan maturities and increase its aggregate commitments by $450 million. The combined facilities total $3 billion, representing the 5th largest unsecured credit facilities among U.S. REITs. The refinancing provides funds for acquisitions, development, redevelopment, debt repayment, working capital and global expansion.

The $2 billion Global Revolving Credit Facility matures in November 2017, has two six-month extension options, and can be increased up to a total of approximately $2.55 billion U.S. dollar equivalent. Pricing for the facility, based on the company's senior unsecured debt rating of BBB/Baa2, was reduced from 125 to 110 basis points over the applicable index for floating rate advances and the annual facility fee was reduced from 25 to 20 basis points.