Moody's: Equinix view positive

Moody's Investors Service said it changed Equinix, Inc.'s outlook to positive from stable based on the company's strong financial performance and improving credit metrics.

As part of the action, Moody's also affirmed all other existing ratings, including the Ba3 corporate family rating.

Moody's said the positive outlook reflects Equinix's consistent revenue and EBITDA growth, which has allowed the company to delever and move closer toward its target of generating positive free cash flow in 2013.

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