Equinix launching €750M senior debt offering

|About: Equinix, Inc. (REIT) (EQIX)|By:, SA News Editor

Equinix (EQIX -0.5%) is launching a public offering of €750M in senior debt.

It will come in senior notes due 2025, with terms to be determined.

The company expects to use about €430.6M (roughly $512.2M) of net proceeds to redeem all of its 4.875% senior notes due 2020, with the rest going to general purposes.

Joint book-runners are Barclays, BofA Merrill Lynch, J.P. Morgan and ING.

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