Davis Polk Advises Equinix, Inc. on Its $2.8 Billion Senior Notes Offering and Concurrent Tender Offer

Davis Polk advised Equinix, Inc. on an SEC-registered offering of $2.8 billion aggregate principal amount of senior notes. The offering consisted of $1 billion aggregate principal amount of 2.625% senior notes due 2024, $600 million aggregate principal amount of 2.900% senior notes due 2026 and $1.2 billion aggregate principal amount of 3.200% senior notes due 2029.  

Davis Polk also advised Equinix in connection with a concurrent tender offer by Equinix for any and all of its outstanding 5.375% senior notes due 2022, 5.375% senior notes due 2023, and 5.750% senior notes due 2025, which were paid for with the proceeds from the senior notes offering.  

Equinix connects more than 9,800 companies directly to their customers and partners inside the world’s most interconnected data centers. Today, businesses leverage the Equinix interconnection platform in 52 strategic markets across the Americas, Asia-Pacific, Europe, the Middle East and Africa.

The Davis Polk corporate team included partners Alan F. Denenberg and Emily Roberts and associates Ali DeGolia and Caitlin Moyles Cunnane. Partner Rachel D. Kleinberg provided tax advice and associate J. Taylor Arabian provided 1940 Act advice. Members of the Davis Polk team are based in the Northern California and New York offices.