Equinix, Inc. (EQIX, Financial), a leading global data center company, has announced the issuance of €650 million in 3.250% Senior Notes due 2031 and €500 million in 3.625% Senior Notes due 2034. The issuance, conducted through its subsidiary Equinix Europe 2 Financing Corporation LLC, is fully and unconditionally guaranteed by Equinix.
The proceeds from these notes are earmarked for financing or refinancing eligible green projects, aligning with Equinix's commitment to sustainability. Until the funds are fully allocated, they may be used in accordance with the company's general treasury policy, including holding in cash or equivalents, or repaying existing debts.
The 2031 Notes will mature on March 15, 2031, with interest payable annually starting March 15, 2025. The 2034 Notes will mature on November 22, 2034, with annual interest payments commencing on November 22, 2025. Equinix retains the option to redeem these notes before maturity under specified conditions.
This strategic financial move underscores Equinix's dedication to sustainable growth and its proactive approach to managing its financial obligations while supporting environmentally responsible projects.
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