Equinix Announces C$700 Million Debut Canadian Dollar Notes Offering

Davis Polk advised Equinix, Inc. and its wholly owned subsidiary Equinix Canada Financing Ltd. on an SEC-registered debt offering. The transaction comprised an offering of C$700 million aggregate principal amount of 4.000% senior notes due 2032. The notes were issued by Equinix Canada Financing Ltd. and are fully and unconditionally guaranteed on an unsecured basis by Equinix, Inc. Equinix intends to use the net proceeds from this offering to fund the acquisition of additional properties or businesses, to fund development opportunities, and to provide working capital and other general corporate purposes, including, but not limited to, refinancing upcoming maturities and repayment of existing borrowings. Equinix connects enterprises and service providers directly to their customers and partners across a global interconnection and data center platform in strategic markets across the Americas, Asia-Pacific and Europe, the Middle East and Africa. Davis Polk represented clients Equinix, Inc. and Equinix Canada Financing Ltd. with a team composed by: corporate partners Alan F. Denenberg and Emily Roberts; corporate associates Sunny Xu and Ashley Jaworoski; tax partner Aliza Slansky; tax associates Alanna Phillips and Summer Elbardissy; and associate Saloni Pant, who provided 1940 Act advice. Members of the Davis Polk team are based in the Northern California and New York offices.

Equinix Announces C$700 Million Debut Canadian Dollar Notes Offering

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