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Equinix Canada Issues C$1.25 Billion Senior Notes

Story Highlights
  • Equinix’s Canadian subsidiary raised C$1.25 billion in unsecured senior notes, fully guaranteed.
  • New 2030 and 2035 notes feature make-whole and par calls, change-of-control put, and restrictive covenants.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Equinix Canada Issues C$1.25 Billion Senior Notes

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Equinix ( (EQIX) ) has shared an update.

On May 7, 2026, Equinix Canada Financing Ltd, an indirect wholly owned subsidiary of Equinix, Inc., issued C$650 million of 3.950% senior notes due 2030 and C$600 million of 4.750% senior notes due 2035, both fully and unconditionally guaranteed on an unsecured basis by the parent. The notes, which were sold under an effective shelf registration, add C$1.25 billion to the group’s unsecured senior debt stack and help diversify its Canadian dollar funding sources.

The 2030 notes pay semi-annual interest starting November 15, 2026 and are redeemable at a make-whole premium before April 15, 2030 and at par thereafter, while the 2035 notes carry similar semi-annual payments and call terms keyed to a February 15, 2035 par call date. The indentures include standard investment-grade protections, including change-of-control put at 101%, limitations on liens, asset sales and sale-leasebacks, as well as customary events of default provisions that could accelerate repayment in insolvency or covenant breach scenarios, shaping creditor protections and capital structure risk for stakeholders.

The most recent analyst rating on (EQIX) stock is a Buy with a $1200.00 price target. To see the full list of analyst forecasts on Equinix stock, see the EQIX Stock Forecast page.

Spark’s Take on EQIX Stock

According to Spark, TipRanks’ AI Analyst, EQIX is a Outperform.

The score is driven primarily by strong operational execution and raised guidance from the latest earnings call, supported by improving profitability and solid revenue trends. This is partially offset by a leveraged balance sheet and pressured free cash flow amid heavy capex, and a high P/E that leaves less room for error.

To see Spark’s full report on EQIX stock, click here.

More about Equinix

Equinix, Inc. is a global digital infrastructure and data center operator that provides colocation, interconnection and related services to enterprises, cloud providers and network operators. Through subsidiaries such as Equinix Canada Financing Ltd, the company taps international debt markets to support expansion of its platform and refinance existing obligations, aligning funding with long-term infrastructure assets.

Average Trading Volume: 647,624

Technical Sentiment Signal: Buy

Current Market Cap: $107.3B

See more data about EQIX stock on TipRanks’ Stock Analysis page.

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