REDWOOD CITY, Calif.,
Sept. 1, 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, €750
million in aggregate principal amount of its senior notes due 2025
(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 approximately €430.6 million (or
approximately $512.2 million) of the
net proceeds of the Notes Offering to redeem all of its outstanding
4.875% senior notes due 2020 (the "2020 Notes") pursuant to the
optional redemption provisions of the 2020 Notes, and the balance
for general corporate purposes, which may include repayment of
indebtedness, capital expenditures, working capital and
acquisitions of complementary businesses or assets.
Barclays, BofA Merrill Lynch, J.P. Morgan and ING are acting as
joint book-running managers, and RBC Capital Markets, Citigroup, TD
Securities, HSBC, MUFG, Goldman Sachs & Co. LLC, US Bancorp and
Wells Fargo Securities are acting as co-managers for the Notes
Offering.
Equinix has filed a registration statement (including a
preliminary prospectus supplement and accompanying prospectus) with
the Securities and Exchange Commission (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 Barclays Capital Inc., c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by calling
888-603-5847, or by e-mail: Barclaysprospectus@broadridge.com, or
Merrill Lynch International, 2 King Edward
Street, London EC1A 1HQ,
Attention: High Yield Syndicate Desk, or by calling +44 (0)20
7995 1999, 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 ING Bank N.V.,
London Branch, 8-10 Moorgate,
London EC2R 6DA, Attention:
Thomas Canham, or by calling Tel:
+44 207 767 5107, or by e-mail: thomas.canham@ing.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be
any sale of these securities in any jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such
jurisdiction.
About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects the world's leading
businesses to their customers, employees and partners inside the
most interconnected data centers. In 44 markets across five
continents, Equinix is where companies come together to realize new
opportunities and accelerate their business, IT and cloud
strategies.
Forward-Looking Statements
This press release contains forward-looking statements that
are based on Equinix management's current expectations. Such
statements include plans, projections and estimates regarding the
Notes Offering and the receipt and use of the net proceeds from the
Notes Offering. Such forward-looking statements are subject to
certain risks, uncertainties and assumptions, including investor
demand, market conditions, customary closing conditions and other
factors. In particular, there can be no assurance that Equinix will
complete the Notes Offering or the redemption of the 2020 Notes.
Should one or more of these risks or uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may
vary materially from those expected. More information about
potential risk factors that could affect Equinix and its results is
included in Equinix's filings with the SEC. Equinix does not
assume any obligation to update the forward-looking information
contained in this press release.
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SOURCE Equinix, Inc.