Equinix Announces Pricing of $750 Million Public Offering of Senior Notes Due 2034

May 23, 2024
Equinix, Inc., a global digital infrastructure company, announced on May 23, 2024, the pricing of a public offering of $750 million aggregate principal amount of 5.500% Senior Notes due 2034. The offering, expected to close on May 30, 2024, will be issued by Equinix Europe 2 Financing Corporation LLC, a wholly owned finance subsidiary of Equinix, and guaranteed by Equinix, Inc. The company estimates the net proceeds from the sale of the notes, after deducting underwriting discounts and estimated offering expenses, will be approximately $736 million. The proceeds will be used to fund acquisitions, development opportunities, working capital, and other general corporate purposes, including refinancing of upcoming maturities and repayment of existing borrowings.