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Actionable news in EQIX: Equinix, Inc.,

Equinix just filed a prospectus, suggesting it plans to soon issue some securities

Equinix just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:

We estimate that the net proceeds from this offering, after deducting underwriting discounts and commissions and estimated offering expenses, will be approximately $984.9 million.

We intend to use the net proceeds from this offering, together with the net proceeds of the Equity Offering and the Proposed Term Loan and cash on hand, for merger and acquisition activities and repayment of indebtedness (including the funding of the cash portion of the T elecity Acquisition purchase price and repayment of existing TelecityGroup indebtedness in connection therewith) and for general corporate purposes. In connection with this offering and the Equity Offering and the Proposed Term Loan, we intend to terminate the Telecity Bridge Loan Commitment. In order to satisfy requirements under the U.K. City Code on Takeovers and Mergers, prior to terminating the Telecity Bridge Loan Commitment, we intend to place approximately £875.0 million, or...


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