Form 8-K · Current report
Equinix 8-K, filed Jul 29, 2026
- Filed
- CIK
- 0001101239
- Accession no.
- 0001101239-26-000148
Summary
Equinix entered into a new $5.5 billion senior unsecured multi-currency revolving credit facility on July 27, 2026, maturing July 25, 2031, and concurrently repaid in full and terminated its 2022 credit agreement. Borrowings priced initially at 77.5 basis points over SOFR-based rates, with a leverage covenant capping consolidated net funded debt at 6.50x adjusted EBITDA.
Key points
- The facility allows Equinix to borrow in dollars and currencies including the euro, sterling, yen, Canadian, Australian, Hong Kong, Singapore and Swiss francs, with a $1.5 billion sublimit for standby letters of credit and bank guarantees.
- Equinix Europe 1 Financing Corporation LLC may borrow up to a $1 billion Swiss franc sublimit and Equinix Europe 2 Financing Corporation LLC up to a $5.5 billion euro sublimit, with Equinix guaranteeing their borrowings.
- Proceeds may be used for working capital, capital expenditures, acquisitions, dividends, distributions, stock buybacks and general corporate purposes.
- A facility fee of 7.0 to 20.0 basis points on total commitments is payable quarterly regardless of utilization.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 1.01Entry into a Material Definitive Agreement
- 1.02Termination of a Material Definitive Agreement
- 2.03Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
- 9.01Financial Statements and Exhibits
From the filing
Item 1.01. Entry into a Material Definitive Agreement On July 27, 2026 (the “Closing Date”), Equinix, Inc. (“Equinix”) entered into a Credit Agreement (the “Credit Agreement”), by and among Equinix, as a borrower, Equinix Europe 1 Financing Corporation LLC (“Finco 1”), as a borrower, Equinix Europe 2 Financing Corporation LLC (“Finco 2” and together with Finco 1, each a “Finco”), as a borrower, a syndicate of financial institutions, as lenders, Bank of America, N.A., as administrative agent, BNP Paribas, Citibank, N.A., Goldman Sachs Bank USA, HSBC Securities (USA) Inc., JPMorgan Chase Bank, N.A., and MUFG Bank, Ltd., as co-syndication agents, Banco Santander, S.A., New York Branch, DBS…
An excerpt of the text as filed with the SEC, cut for length.
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