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Equinix (EQIX) has entered into a new $750M credit facility good until June 2017. $550M of the...

Equinix (EQIX) has entered into a new $750M credit facility good until June 2017. $550M of the funds carry an interest rate of LIBOR +1.375%, and $200M carry a rate of LIBOR + 1.75%. Equinix has already used the facility to repay $200M worth of term loans. The company could use the remainder to continue the aggressive expansion of its data center footprint.
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