Equinix, Inc. has successfully completed the underwritten offering of Senior Notes, raising a total of $1.5 billion to bolster its financial position and support growth initiatives. The company, which operates as a leader in digital infrastructure, announced on March 5, 2026, that it issued $700 million in 4.400% Senior Notes due 2031 and $800 million in 4.700% Senior Notes due 2033.
The 2031 Notes were issued by Equinix Asia Financing Corporation Pte. Ltd., while the 2033 Notes were issued by Equinix Europe 2 Financing Corporation LLC. Both entities are wholly owned subsidiaries of Equinix and are fully guaranteed by the parent company. The completion of these offerings positions Equinix to enhance its capabilities in the digital infrastructure sector.
Following the issuance of the 2031 Notes, Equinix Singapore Finco engaged in cross-currency swaps, effectively converting the principal amount of its obligation into Singapore Dollars. This move results in an effective interest rate of approximately 2.6% per annum for the 2031 Notes after the swap. Similarly, the 2033 Notes, which were also subjected to currency swaps, carry an effective interest rate of around 3.6% per annum for the swapped portion.
Keith Taylor, Chief Financial Officer of Equinix, expressed optimism regarding the offerings, stating, “These offerings strengthen our capital foundation and unlock new opportunities to accelerate the growth of Equinix’s digital infrastructure solutions.” The confidence in Equinix’s strategy has been further underscored by a recent upgrade from Moody’s, which raised the company’s senior unsecured rating to Baa1.
The net proceeds from the offerings are estimated to be approximately $1.5 billion after accounting for underwriting discounts and anticipated expenses. These funds will primarily be utilized for acquiring additional properties or businesses, pursuing development opportunities, and covering general corporate purposes, including refinancing upcoming maturities and repaying existing borrowings.
The offerings were managed by prominent financial institutions including Citigroup, Goldman Sachs (Singapore) Pte., J.P. Morgan, and Morgan Stanley, with ING serving as the book-running manager for the 2031 Notes, and joint book-running managers for the 2033 Notes.
Equinix’s strategic initiatives are designed to enhance its digital infrastructure, which connects economies and communities globally. The company aims to provide seamless digital experiences that are vital in today’s fast-paced environment.
As a reminder, this press release does not constitute an offer to sell or a solicitation of an offer to purchase the Notes or any other securities. It also does not represent an offer in any state or jurisdiction where such an offer would be illegal.
Equinix, Inc. continues to focus on its mission to innovate and enhance connectivity worldwide, reflecting a commitment to meeting the evolving needs of its customers and the broader market.