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Equinix borrows EUR 1 bln for Verizon data centres

Tuesday 10 January 2017 | 08:58 CET | News
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Equinix said it has secured a loan of EUR 1.0 billion in additional senior secured term B loans, which will bear interest at a rate equal to Euribor plus a margin of 3.25%. The money will help pay for the company's acquisition from Verizon Communications of a portfolio of data centre sites for USD 3.6 billion, and for their operations. Equinix also decreased the borrowing cost of its existing senior secured term loan B facility.

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Categories: Fixed
Companies: Equinix / Verizon Communications
Countries: South America / United States
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