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Open original source ↗The 10-yr just passed 5.3%. If legacy data center $DLR’s $18.6B in debt (ex-pfds) cost 5.3% their annual interest cost would be almost $1B, which would wipeout their LTM Operating Income. Refinancing risk is real for the legacy data centers. $EQIX $CSQR
(2) Speak of the devil…$DLR https://t.co/usRi7He2bU
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