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SEC Filings

10-Q
EQUINIX INC filed this Form 10-Q on 05/03/2019
Entire Document
 
EQUINIX, INC.
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
(Unaudited)

8.
Debt Facilities
Mortgage and Loans Payable
As of March 31, 2019 and December 31, 2018, the Company's mortgage and loans payable consisted of the following (in thousands):
 
March 31,
2019
 
December 31, 2018
Term loans
$
1,321,371

 
$
1,344,482

Mortgage payable and loans payable
42,454

 
44,042

 
1,363,825

 
1,388,524

Less amount representing unamortized debt discount and debt issuance cost
(6,105
)
 
(6,614
)
Add amount representing unamortized mortgage premium
1,825

 
1,882

 
1,359,545

 
1,383,792

Less current portion
(72,796
)
 
(73,129
)
Total
$
1,286,749

 
$
1,310,663

Senior Notes
As of March 31, 2019 and December 31, 2018, the Company's senior notes consisted of the following (in thousands):
 
March 31, 2019
 
December 31, 2018
 
Amount
 
Effective Rate
 
Amount
 
Effective Rate
5.000% Infomart Senior Notes
$
750,000

 
4.40
%
 
$
750,000

 
4.40
%
5.375% Senior Notes due 2022
750,000

 
5.56
%
 
750,000

 
5.56
%
5.375% Senior Notes due 2023
1,000,000

 
5.51
%
 
1,000,000

 
5.51
%
2.875% Euro Senior Notes due 2024
841,500

 
3.08
%
 
859,125

 
3.08
%
5.750% Senior Notes due 2025
500,000

 
5.88
%
 
500,000

 
5.88
%
2.875% Euro Senior Notes due 2025
1,122,000

 
3.04
%
 
1,145,500

 
3.04
%
5.875% Senior Notes due 2026
1,100,000

 
6.03
%
 
1,100,000

 
6.03
%
2.875% Euro Senior Notes due 2026
1,122,000

 
3.04
%
 
1,145,500

 
3.04
%
5.375% Senior Notes due 2027
1,250,000

 
5.51
%
 
1,250,000

 
5.51
%
 
8,435,500

 
 
 
8,500,125

 
 
Less amount representing unamortized debt issuance cost
(71,578
)
 
 
 
(75,372
)
 
 
Add amount representing unamortized debt premium
3,951

 
 
 
5,031

 
 
 
8,367,873

 
 
 
8,429,784

 
 
Less current portion
(300,488
)
 
 
 
(300,999
)
 
 
Total
$
8,067,385

 
 
 
$
8,128,785

 
 

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