DuPont Fabros Technology, Inc. Announces Launch of $550 Million Offering of Senior Notes Due 2017 by Its Subsidiary, DuPont Fabr
03 Décembre 2009 - 6:38PM
PR Newswire (US)
WASHINGTON, Dec. 3 /PRNewswire-FirstCall/ -- DuPont Fabros
Technology, Inc. (NYSE:DFT), today announced that its subsidiary
DuPont Fabros Technology, L.P. intends to offer $550 million
aggregate principal amount of senior notes due 2017 (the "Notes"),
subject to market conditions. The purpose of the offering will be
to repay secured indebtedness, including to repay in full and
terminate our Safari line of credit and term loan, to terminate a
related interest rate swap agreement, to repay in full our SC1 term
loan and to repay approximately $50 million of the outstanding
balance under the ACC4 term loan. The purpose of the offering also
will be to complete Phase I of our NJ1 data center. The Notes will
be unconditionally guaranteed, jointly and severally, on a senior
unsecured basis by DuPont Fabros Technology, Inc., its general
partner, and certain of its subsidiaries. The Notes have not been
and will not be registered under the Securities Act of 1933, as
amended (the "Securities Act") or applicable state securities laws
and may not be offered or sold in the United States absent
registration or an applicable exemption from the registration
requirements of the Securities Act and applicable state laws. This
press release does not constitute an offer to sell or a
solicitation of an offer to buy any of the Notes or any other
securities and shall not constitute an offer, solicitation or sale
in any jurisdiction in which such offer, solicitation or sale is
unlawful. DATASOURCE: DuPont Fabros Technology, Inc. CONTACT:
Christopher Warnke, Manager, Investor Relations of DuPont Fabros
Technology, Inc., +1-202-478-2330 Web Site: http://www.dft.com/
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