Equinix announces pre-stabilisation period for bond offer

LONDON - The Toronto-Dominion Bank (TSX:TD), acting as the Stabilisation Coordinator, has announced the initiation of a pre-stabilisation period for new bond offerings by Equinix (NASDAQ:EQIX) Europe 2 Financing Corporation LLC, guaranteed by Equinix, Inc. The announcement, made Monday, indicates that the stabilization efforts are in compliance with the UK Financial Conduct Authority’s Stabilisation Binding Technical Standards.

The securities in question consist of two sets of Euro Benchmark bonds, one maturing in 2029 and the other in 2034. The official offer price for these bonds will be confirmed at a later date. The stabilization period, which aims to support the market price of the securities, started on the day of the announcement and is expected to continue until no later than June 18, 2025, which is 30 days after the proposed issue date of the securities.

During this period, the stabilization managers, including The Toronto-Dominion Bank, Banco Santander (BME:SAN), S.A., BNP PARIBAS, and J.P. Morgan Securities plc, may over-allot or undertake transactions to maintain the price of the bonds. These transactions may occur on the over-the-counter (OTC) market and will adhere to all applicable laws and rules. However, there is no guarantee that stabilization activities will take place, and if initiated, they can be discontinued at any time.

The announcement also clarifies that the offer of the securities is directed at persons outside the United Kingdom (TADAWUL:4280) or those within the UK who have professional experience in investment matters or are high net worth individuals. In the European Economic Area (EEA) and the UK, the offer is only addressed to qualified investors or those to whom the offer may lawfully be communicated.

The securities have not been, and will not be, registered under the United States Securities Act of 1933, and as such, they may not be offered or sold within the United States absent registration or an exemption from registration. Consequently, there will be no public offer of these securities in the United States.

This pre-stabilisation notice is based on a press release statement and is intended for informational purposes only, not constituting an invitation or offer to underwrite, subscribe for, or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

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