Tuesday, July 5, 2011

Equinix Seeks $500 Million in Public Offering

Equinix 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 company said it 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. http://www.equinix.com

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