DuPont Fabros Technology, L.P. is based in Washington, District Of Columbia. DuPont Fabros Technology, L.P. operates as an investment arm of DuPont Fabros Technology, Inc.
1212 New York Avenue NW
Washington, DC 20005
Founded in 2010
DuPont Fabros Technology, Inc. Announces Pricing of $250 Million Offering of Senior Notes Due 2023 by its Subsidiary, DuPont Fabros Technology, L.P
Jun 4 15
DuPont Fabros Technology Inc. announced that its subsidiary DuPont Fabros Technology, L.P. has priced the previously announced offering of $250 million aggregate principal amount of its senior notes due 2023. The Notes will have an interest rate of 5.625% per annum and will be issued at a price equal to 99.205% of their face value. The Notes will mature on June 15, 2023. The company estimates that the net proceeds from this offering, after deducting the underwriting discount and expenses related to this offering, will be approximately $244.4 million. The offering is expected to close on or about June 9, 2015, subject to customary closing conditions. The company intends to use the net proceeds from this offering to repay outstanding borrowings under its unsecured credit facility and for general corporate purposes, including funding the company's development activities. The Notes will be unconditionally guaranteed, jointly and severally, on a senior unsecured basis by the company and certain of its subsidiaries. SunTrust Robinson Humphrey, Goldman, Sachs & Co., KeyBanc Capital Markets, RBC Capital Markets, Regions Securities LLC and Stifel are acting as joint book-running managers for the offering of the Notes.
DuPont Fabros Technology, L.P. Announces Amendment to its $250 Million Unsecured Term Loan Facility
Jul 24 14
On July 21, 2014, DuPont Fabros Technology, L.P. and the operating partnership of DuPont Fabros Technology Inc. amended its $250 million unsecured term loan facility to, among other things, reduce the rate at which borrowings under the Facility will bear interest and extend the maturity date of the Facility. The amendment, dated July 21, 2014, amends the term loan agreement, dated September 13, 2013, by and among the Borrower, the company, as a guarantor, the direct and indirect subsidiaries of the company that guaranty the obligations of the Borrower under the Borrower's senior unsecured revolving credit facility, as subsidiary guarantors, Royal Bank of Canada, as administrative agent and a lender, and the other lending institutions that are parties thereto. In addition, the First Amendment, among other things, extends the maturity date of the Facility from February 15, 2019 to July 21, 2019.