Equinix’s $2.6 Billion Bond Offering

Davis Polk advised Equinix, Inc. on the offering, while Simpson Thacher represented the underwriters.

Equinix, Inc. executed its offering of $2.6 billion aggregate principal amount of senior notes. The offering consisted of $700 million aggregate principal amount of 1.450% senior notes due 2026, $400 million aggregate principal amount of 2.000% senior notes due 2028, $1 billion aggregate principal amount of 2.500% senior green notes due 2031 and $500 million aggregate principal amount of 3.400% senior notes due 2052.

BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, MUFG Securities Americas Inc. and SMBC Nikko Securities America, Inc. acted as underwriters for the offering.

Equinix connects enterprises and service providers directly to their customers and partners across the world’s most interconnected data center and interconnection platform in strategic markets across the Americas, Asia-Pacific and Europe, the Middle East and Africa.

The Davis Polk corporate team advising Equinix included partners Alan F. Denenberg (Picture) and Emily Roberts and associates Ali DeGolia and Sarah Kirk. Partner Mario J. Verdolini and associate Eitan Ulmer provided tax advice. Counsel Sarah E. Kim provided 1940 Act advice.

The Simpson Thacher team for the underwriters included Dan Webb, Ryan Coombs, Andy Roy and Laura Yang (Capital Markets); Russell Light and Zachary Fialkow (Tax); Genevieve Dorment (IP); Adeeb R. Fadil and Noreen Lavan (Environmental); and Andrew Pagliughi (Blue Sky).

Involved fees earner: Ali DeGolia – Davis Polk & Wardwell; Alan Denenberg – Davis Polk & Wardwell; Sarah Kim – Davis Polk & Wardwell; Sarah Kirk – Davis Polk & Wardwell; Emily Roberts – Davis Polk & Wardwell; Eitan Ulmer – Davis Polk & Wardwell; Mario Verdolini – Davis Polk & Wardwell; Ryan Coombs – Simpson Thacher & Bartlett; Genevieve Dorment – Simpson Thacher & Bartlett; Adeeb Fadil – Simpson Thacher & Bartlett; Zachary Fialkow – Simpson Thacher & Bartlett; Noreen Lavan – Simpson Thacher & Bartlett; Russell Light – Simpson Thacher & Bartlett; Andrew Pagliughi – Simpson Thacher & Bartlett; Andrew Roy – Simpson Thacher & Bartlett; Daniel Webb – Simpson Thacher & Bartlett; Laura Yang – Simpson Thacher & Bartlett;

Law Firms: Davis Polk & Wardwell; Simpson Thacher & Bartlett;

Clients: Bank of America Securities; Equinix; Goldman Sachs & Co.; J.P. Morgan Securities LLC; MUFG Securities Americas Inc. ; SMBC Nikko Securities America;

Author: Martina Bellini