Simpson Thacher represented the underwriters, led by Banco Santander, S.A., BNP PARIBAS, J.P. Morgan Securities plc and The Toronto-Dominion Bank in connection with the offering by Equinix Europe 2 Financing Corporation LLC (the “Issuer”), an indirect, wholly-owned subsidiary of Equinix, Inc. (the “Company”), of €750 million aggregate principal amount of the Issuer’s 3.250% Senior Notes due 2029 (the “2029 Notes”) and €750 million aggregate principal amount of the Issuer’s 4.00% Senior Notes due 2034 (the “2034 Notes” and, together with the 2029 Notes, the “Notes”), each fully and unconditionally guaranteed by the Company on an unsecured basis.
The Company intends to allocate an amount equal to the net proceeds from the offering of the Notes to finance or refinance, in whole or in part, one or more eligible green projects. Pending full allocation of an amount equal to the net proceeds of the offering of the Notes, the net proceeds may be used in accordance with the Company’s general treasury policy and be held in cash, cash equivalents and/or U.S. government securities or used to repay existing borrowings and upcoming maturities.
The Company is a digital infrastructure company. Digital leaders harness the Company’s trusted platform to bring together and interconnect the foundational infrastructure at software speed. The Company enables customers to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.
The Simpson Thacher team included Dan Webb, Andy Roy, Laura Yang, Kayley Ingalls-Rose and Saakna Batbayar (Capital Markets); Deborah Harris (Corporate – London); Russell Light and Michael Mann (Tax); Emily B. Holland (Environmental, Social and Governance); Corina Holland (Intellectual Property); Tristan Brown (Executive Compensation and Employee Benefits) and Andrew Pagliughi (Blue Sky).