Equinix completes redemption of all $750 million 8 1/8% secured notes

By Tali David

Minneapolis, April 5 - Equinix Inc. completed the redemption of all $750 million of its 8 1/8% secured notes due 2018, according to an 8-K filing with the Securities and Exchange Commission.

The notes were redeemed at par plus accrued interest on April 4.

The redemption was funded using net proceeds from the company's offering of $500 million of 4 7/8% senior notes due 2020 and $1 billion of 5 3/8% senior notes due 2023.

Equinix is a Redwood City, Calif.-based provider of data center services.

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