Equinix Canada Financing Ltd. priced a C$700 million senior notes offering on November 18, 2025. The notes carry a 4.0 % coupon, mature on November 15, 2032, and are fully and unconditionally guaranteed by Equinix, Inc. The company disclosed the offering on November 19, 2025, marking a new source of capital in the Canadian market.
The issuance is part of Equinix’s “Build Bolder” strategy, which aims to double data‑center capacity by 2030. Proceeds will fund opportunistic land purchases, development capital expenditures, and general corporate purposes, including refinancing existing borrowings. The notes add to a portfolio of debt issuances in 2025, following a $1.25 billion senior notes offering due 2030 and a S$650 million green bond due 2032, among others. This diversification reduces reliance on any single market and supports the company’s global expansion plans.
Equinix’s credit profile remains strong. S&P Global Ratings assigned a BBB+ issue‑level rating with a stable outlook, and the guarantee from the parent company reinforces investor confidence. As of September 30, 2025, the company’s consolidated indebtedness stood at approximately $21.2 billion, with a leverage ratio of 4.1×, comfortably within the range expected by rating agencies.
Chief Financial Officer Keith Taylor said, “We are proud of our debut bond offering in Canada, marking a significant milestone in our commitment to the market. The offering underscores Equinix’s leadership in Canada and our ability to continue delivering innovative digital infrastructure solutions to customers across the region.” The comment highlights the company’s confidence in its capital‑market strategy and its ongoing focus on supporting growth initiatives.
The new notes provide Equinix with additional flexibility to fund its expansion agenda while maintaining a robust balance sheet. By tapping the Canadian market, the company broadens its investor base and strengthens its global financing footprint, positioning it to capitalize on rising demand for data‑center and AI infrastructure services.
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