Equinix signs $5.5 billion revolving credit facility, replacing 2022 facility
Equinix entered a $5.5 billion senior unsecured revolving credit facility on July 27, 2026, maturing July 25, 2031, and used the agreement's proceeds to repay and terminate its 2022 credit agreement. The filing says the new facility can fund working capital, capital expenditures, acquisitions, dividends, stock buybacks and other general corporate purposes, and it includes a financial covenant capping net funded debt at 6.50 times adjusted EBITDA.
Key points
- Facility size: $5.5 billion senior unsecured multi-currency revolving credit, with a $1.5 billion sublimit for standby letters of credit and bank guarantees
- Maturity: July 25, 2031; the 2022 Credit Agreement was repaid in full and terminated on July 27, 2026
- Pricing at closing: 77.5 basis points margin for non-base-rate borrowings; facility fee of 7.0 to 20.0 basis points on total commitments
- Covenant: net funded debt to adjusted EBITDA of no greater than 6.50 to 1.00, temporarily up to 7.00 to 1.00 after certain material acquisitions
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.