REDWOOD CITY, Calif., Jul 06, 2011 (BUSINESS WIRE) --
Equinix, Inc. (NASDAQ: EQIX), a provider of global data center services,
today announced that it intends to offer, subject to market and other
conditions, $500 million aggregate principal amount of its senior notes
due 2021 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 for general
corporate purposes, which may include capital expenditures, repayment of
its 2.50% convertible subordinated notes due 2012 upon maturity, working
capital and potential acquisitions. Currently, however, Equinix does not
have any agreements or understandings with respect to any such material
strategic transactions or acquisitions.
J.P. Morgan Securities LLC and Citigroup Global Markets Inc. are acting
as joint book-running managers and Merrill Lynch, Pierce, Fenner & Smith
Incorporated, Barclays Capital Inc., Evercore Group LLC, ING Financial
Markets LLC and RBS Securities Inc. are acting as co-managers for the
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 or from Citigroup Global
Markets Inc. at the following address: Brooklyn Army Terminal, 140 58th
Street, 8th Floor, Brooklyn, New York 11220 or by calling toll-free at:
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.
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, the anticipated use of the proceeds of the offering, which
could change as a result of market conditions or for other reasons.
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.
About Equinix, Inc.
Equinix, Inc. connects businesses with partners and customers around the
world through a global platform of high performance data centers,
containing dynamic ecosystems and the broadest choice of networks. More
than 3,350 enterprises, cloud, digital content and financial companies
connect to more than 650 network service providers and rely on Platform
Equinix to grow their business, improve application performance and
protect their vital digital assets. Equinix operates in 37 strategic
markets across the Americas, EMEA and Asia-Pacific and continually
invests in expanding its platform to power customer growth.
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:
Katrina Rymill, 650-598-6583
Jason Starr, 650-598-6020
Equinix Media Contact:
Scott Blevins, 415-992-4400