debt
confidence high
sentiment neutral
materiality 0.45
Equinix subsidiary issues $750M 5.500% Senior Notes due 2034
EQUINIX INC
- $750M aggregate principal; 5.500% coupon; matures June 15, 2034; semi-annual interest.
- Notes are fully and unconditionally guaranteed by Equinix, Inc. on an unsecured basis.
- Proceeds to fund acquisitions, development, working capital, refinancing, or debt repayment.
- Issuer may redeem notes at Treasury Rate plus 20 bps before Par Call Date (March 15, 2034).
- Change of control triggering event requires offer to purchase at 101% of principal plus accrued interest.