Equinix $1.25 billion 5.375% notes issue

22/3/2017

Acquisition finance, Investment grade bond/note issue

Value:

$ 1.25 billion

Status:

Completed

Date:

22/3/2017

Overview:

IBX data center and colocation provider Equinix has made a $1.25 billion issue of 5.375% notes due 2027.
Proceeds are being used to finance Equinix's acquisition of Verizon assets.
JPMorgan Securities and Merrill Lynch Pierce Fenner & Smith acted as joint bookrunners.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal types:

Acquisition finance
Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

United States

Industry sector:

Technology and telecommunications

Firms:

Cahill Gordon & Reindel

Party: JP Morgan Securities (Joint bookrunner)

Party: Merrill Lynch Pierce Fenner & Smith (Joint bookrunner)

Lawyer: William Miller

Davis Polk & Wardwell

Party: Equinix (Issuer)

Lawyer: Alan Denenberg

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