Form 8-K Filing by Equinix, Inc.

Equinix, Inc. entered into a $5.5 billion senior unsecured multi-currency revolving credit facility due July 25, 2031. This facility allows borrowings in various currencies, with specific sublimits for Euro and Swiss Francs by its subsidiaries, Finco 1 and Finco 2. Equinix has guaranteed the subsidiaries' borrowings. The proceeds are designated for general corporate purposes, including working capital, capital expenditures, acquisitions, dividends, and stock buybacks. Interest rates are based on Term SOFR, Daily SOFR, or the Base Rate, plus an applicable margin determined by Equinix's leverage ratio or credit ratings. A facility fee ranging from 0.07% to 0.20% is payable quarterly. The agreement includes covenants, such as maintaining a consolidated net funded debt to consolidated adjusted EBITDA ratio of not greater than 6.50 to 1.00 (or 7.00 to 1.00 post-acquisition). Concurrently, Equinix repaid and terminated its previous credit agreement dated January 7, 2022.