Proceeds from the senior credit facility were used to repay term loans of Equinix’s Asia-Pacific subsidiaries under its multi-currency credit facility agreement dated May 10, 2010 for approximately $200 million.
"We are pleased with the successful completion of this senior credit facility, which heightens our liquidity position and enhances our ability to invest in our growth opportunities. We had high caliber financial institutions subscribing to this transaction and the strong demand and recognition for our credit is a testament to Equinix’s operating performance and credit strength," said Keith Taylor, chief financial officer for Equinix.
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