Equinix enters $2B equity distribution agreement; prior $1.5B facility fully used

EQUINIX INC

Equity Distribution Agreement for up to $2B of common stock via agents and forward sale agreements.
Prior $1.5B equity facility expired on Sept 30, 2024 after full utilization.
Proceeds to fund acquisitions, development, working capital, and debt repayment.
Forward sale agreements allow borrowing and selling shares; proceeds at future settlement.
Sales agents include Barclays, Jefferies, Mizuho, RBC, Scotiabank, TD.

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