Investor Presentaiton
Balance Sheet Update
Recent Activity Enhances Liquidity
Capital Structure(2)
Equity Market
Capitalization (1)
$29 Bn
Credit Metric
Target
4Q22A
1Q23A
Net Debt to Adj. EBITDA
5.5x Average
6.9x
7.1x
Enterprise
Value(1)(2)
Fixed Charge Coverage
> 3.0x
4.9x
4.4x
$49 Bn
Capital Raising Since 1Q23 Earnings
▪ Realized approximately $150 million of net proceeds from non-core
disposition.
■ Raised approximately $1.1 billion of gross proceeds from the sale of 11.3
million shares of common stock under the At-The-Market ("ATM”) equity
offering program. Includes net proceeds of approximately 7.8 million shares
that raised gross proceeds of $750 million and 3.5 million shares in forward
equity transactions for which the company did not initially receive any
proceeds.
Γ
1) As of March 31, 2023.
DIGITAL REALTY.
L
2) As of March 31, 2023, except as noted. Includes Digital's pro rata share of unconsolidated joint venture debt.
Preferred
1%
Floating Rate
Debt
20%
Fixed Rate
Debt
31%
Equity
59%
Fixed Rate Debt
80%
Variable Rate
Debt
8%
Debt Maturity Schedule(2)
($ in billions)
$4.4
$3.0
$2.5
€
$1.7
€
$1.0
€
€
€
S
F
$0.1
£
£
2023
2024
2025
2026
2027
Pro Rata Share of JV Debt
■Secured Mortgage Debt
■ Unsecured Senior Notes - EUR
Unsecured Senior Notes - CHF
■ Unsecured Green Senior Notes - EUR Euro Term Loan
$1.6
$1.7
$1.6
$1.6
S
F&
f
€
€
R
€
£
2029
\$
2028
■ Unsecured Senior Notes - USD
■Other Unsecured Debt
■Unsecured Credit Facilities
■ Unsecured Senior Notes - GBP
■ Unsecured Green Senior Notes - CHF
USD Term Loan
€
€
2030
2031
2032 +
26
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