REDWOOD CITY, Calif.--(BUSINESS WIRE)--Feb. 28, 2013--
Inc. (NASDAQ: EQIX),
the global interconnection and data center company, today announced that
it intends to offer, subject to market and other conditions, $1 billion
aggregate principal amount of its senior notes due 2020 and senior notes
due 2023 under an automatically effective shelf registration statement
on file with the Securities and Exchange Commission (SEC). The notes
will be Equinix’s general senior obligations and will rank equal in
right of payment to all of its existing and future senior indebtedness
and interest will be payable semi-annually. The interest rate, offering
price and other terms of the notes will be determined by Equinix and the
Equinix intends to use the net proceeds from this offering to redeem its
outstanding 8.125% Senior Notes due 2018 pursuant to the optional
redemption provisions of such notes and for general corporate purposes,
which may include capital expenditures, distributions to its
stockholders in connection with its proposed conversion to a REIT,
working capital and potential acquisitions and strategic transactions.
J.P. Morgan, Barclays, Citigroup, BofA Merrill Lynch and Deutsche Bank
Securities are acting as joint book-running managers and Evercore
Partners, Goldman, Sachs & Co., HSBC, RBC Capital Markets and UBS
Investment Bank are acting as co-managers for the offering.
Equinix has filed a registration statement (including a preliminary
prospectus) with the SEC for the offering to which this communication
relates. Before you invest, you should read the registration statement
(including the preliminary prospectus) for more complete information
about Equinix and this offering. You may get the preliminary prospectus
for free by visiting EDGAR on the SEC website at www.sec.gov.
Alternatively, copies may be obtained from J.P. Morgan Securities LLC at
the following address: 383 Madison Avenue, 3rd Floor, New York, New York
10179 or by calling toll-free at: 800-245-8812.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be any
sale of these securities, in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.
Equinix, Inc. (Nasdaq: EQIX), connects more than 4,000 companies
directly to their customers and partners inside the world’s most
networked data centers. Today, businesses leverage the Equinix
interconnection platform in 31 strategic markets across the Americas,
EMEA and Asia-Pacific. www.equinix.com.
This press release contains statements relating to the proposed
offering of notes that are forward-looking statements pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. These statements involve risks and uncertainties that could
cause actual results to differ materially, including, but not limited
to, whether or not Equinix will offer the notes or consummate the
offering, the final terms of the offering, prevailing market conditions,
the anticipated principal amount of the notes, which could differ based
upon market conditions and the anticipated use of the proceeds of the
offering, which could change as a result of market conditions or for
Investors in Equinix are cautioned not to place undue reliance on its
forward-looking statements, which speak only as of the date such
statements are made. Equinix does not undertake any obligation to
publicly update any forward-looking statements to reflect events,
circumstances or new information after this press release, or to reflect
the occurrence of unanticipated events.
Equinix and IBX are registered trademarks of Equinix, Inc.
International Business Exchange is a trademark of Equinix, Inc.
Source: Equinix, Inc.
Equinix Investor Relations Contacts:
Melissa Neumann, 650-598-6098