Equinix announces €1 billion offering of notes due 2028

By Wendy Van Sickle

Columbus, Ohio, Dec. 4 – Equinix, Inc. announced Monday that it plans to offer €1 billion of senior notes (BB+) due 2028.

BofA Merrill Lynch, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, MUFG and RBC Capital Markets are the bookrunners, according to a press release.

Equinix said it plans to use proceeds, together with about $10 million cash on hand, to repay in full its existing €995 million term loan due 2024.

Equinix is a Redwood City, Calif.-based data services company.

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