REDWOOD CITY, Calif., Dec. 4, 2017 /PRNewswire/ — Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that it intends to offer, subject to market and other conditions, €1.0 billion in aggregate principal amount of its senior notes due 2028 (the “notes”) in a transaction registered under the Securities Act of 1933, as amended (the “Notes Offering”). The Notes Offering will be made only by means of a prospectus supplement and the accompanying prospectus under Equinix’s effective shelf registration statement.
The notes will be Equinix’s general senior obligations, and will rank equal in right of payment to all of its existing and future senior indebtedness. The interest rate, offering price and other terms of the notes will be determined by Equinix and the underwriters of the Notes Offering.
Equinix intends to use the net proceeds of the Notes Offering, together with approximately $10 million cash on hand, to repay in full its existing €995 million term loan due 2024.
BofA Merrill Lynch, Citigroup, J.P. Morgan, MUFG and RBC Capital Markets are acting as joint book-running managers for the Notes Offering. The offering is being made under an automatic shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (the “SEC”) on November 7, 2017.
Equinix has filed a registration statement (including a preliminary prospectus supplement and accompanying prospectus) with the SEC for the Notes Offering to which this communication relates. The Notes Offering may be made only by means of the prospectus supplement relating to such offering and the accompanying prospectus. Before you invest, you should read the registration statement (including the preliminary prospectus supplement and accompanying prospectus) for more complete information about Equinix and the Notes Offering. You may get the preliminary prospectus supplement and accompanying prospectus for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies of the preliminary prospectus supplement and accompanying prospectus relating to the Notes Offering may be obtained from Merrill Lynch International, 2 King Edward Street, London EC1A 1HQ, Attention: High Yield Syndicate Desk, or by calling +44 (0) 20 7995 1999, or Citigroup Global Markets Inc., 388 Greenwich Street, New York, NY, Attention: High Yield Syndicate Desk, or by calling + 800-831-9146, or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention Prospectus Department, or by calling 1-866-803-9204, or MUFG Securities EMEA plc, 25 Ropemaker Street, London EC2Y 9AJ, Attention: Syndicate,