Equinix Issues 3.250% Senior Notes due 2031 and 3.650% Senior Notes due 2034

Equinix, Inc. (NASDAQ: EQIX) announced on November 22, 2024, the issuance of €650,000,000 aggregate principal amount of its 3.250% Senior Notes due 2031 and €500,000,000 aggregate principal amount of its 3.625% Senior Notes due 2034. These notes were issued by Equinix Europe 2 Financing Corporation LLC, a Delaware limited liability company and an indirect, wholly-owned subsidiary of Equinix, Inc.

The issuance was made pursuant to an underwriting agreement dated November 13, 2024, with the Notes being fully and unconditionally guaranteed by Equinix. The funds raised will be allocated to finance or refinance eligible green projects, with any remaining proceeds to be managed according to Equinix’s treasury policy.

The 2031 Notes will attract an annual interest rate of 3.250% and mature on March 15, 2031, with annual interest payments starting from March 15, 2025. On the other hand, the 2034 Notes will bear interest at 3.625% per annum, maturing on November 22, 2034, with interest payments commencing on November 22, 2025.

Equinix retains the option to redeem some or all of the Notes before maturity, subject to specified conditions. In the event of a change of control triggering event, as defined in the Indentures, the Issuer will be obligated to offer to purchase the applicable series of Notes at a determined price.

The Notes are unconditionally guaranteed by Equinix on an unsecured basis, ranking equally in right of payment to all of the Issuer’s existing and future unsecured and unsubordinated indebtedness. The Indentures accompanying the issuance contain restrictive covenants and default provisions.

For further details on the underwriting agreement, indentures, and the securities, including the breakdown of the issuance and terms, the full document can be accessed via the official filing with the Securities and Exchange Commission.

The firm’s Chief Financial Officer, Keith D. Taylor, signed off on this filing on November 22, 2024.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Equinix’s 8K filing here.

About Equinix

Equinix (Nasdaq: EQIX) is the world's digital infrastructure company . Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.