Business
Equinix Prices C$700 Million of Senior Notes in its Inaugural Offering in the Canadian Market
Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, announced the pricing of an underwritten offering of C$700 million aggregate principal amount of 4.000% Senior Notes due 2032 (the "Notes"), its inaugural offering in the Canadian market. The Notes will be issued by Equinix Canada Financing Ltd. ("Equinix Canada Finco"), a wholly owned finance subsidiary of Equinix, Inc., and will be fully and unconditionally guaranteed on an unsecured basis by Equinix, Inc. The offering
About this update from Equinix, Inc.
[{"type":"text","content":"TORONTO, Nov. 19, 2025 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, announced the pricing of an underwritten offering of C$700 million aggregate principal amount of 4.000% Senior Notes due 2032 (the "Notes"), its inaugural offering in the Canadian market. The Notes will be issued by Equinix Canada Financing Ltd. ("Equinix Canada Finco"), a wholly owned finance subsidiary of Equinix, Inc., and will be fully and unconditionally guaranteed on an unsecured basis by Equinix, Inc. The offering is expected to close on November 24, 2025, subject to the satisfaction of customary closing conditions.","length":666,"tagName":"p"},{"type":"text","content":""We are proud of our debut bond offering in Canada, marking a significant milestone in our commitment to the market. Our debut issuance underscores Equinix's long-standing commitment to Canada and will enable Equinix to continue in delivering innovative digital infrastructure solutions to customers across this important region," said Keith Taylor, Chief Financial Officer, Equinix.","length":397,"tagName":"p"},{"type":"text","content":""This is a proud moment for Equinix Canada. Our inaugural offering underscores Equinix's leadership in Canada and our commitment to over 650 customers supported by over 600 team members based in the country," added Marc Mondesir, Managing Director, Equinix Canada.","length":278,"tagName":"p"},{"type":"text","content":"The Notes will be Equinix Canada Finco's unsecured senior obligations and will rank equal in right of payment to all of Equinix Canada Finco's future unsecured and unsubordinated indebtedness. Equinix, Inc.'s obligations under the guarantee will rank equally with its other unsecured and unsubordinated indebtedness.","length":328,"tagName":"p"},{"type":"text","content":"Equinix estimates that the net proceeds from the sale of the Notes, after deducting underwriting discounts and estimated offering expenses payable by Equinix, will be approximately C$688 million. Equinix intends to use the net proceeds from this offering to fund the acquisition of additional properties or businesses, fund development opportunities, and provide for working capital and other general corporate purposes, including but not limited to refinancing of the upcoming...