Recent Updates — EQIX
On July 27, 2026, Equinix entered into a $5.5 billion senior unsecured multi-currency revolving credit facility maturing on July 25, 2031. The agreement includes sublimits for Swiss Francs and Euros and carries an initial applicable margin of 77.5 basis points for non-Base Rate borrowings. Concurrently, the company repaid in full and terminated its existing $5.5 billion credit agreement dated January 7, 2022. This refinancing provides liquidity for working capital, acquisitions, and general corporate purposes while maintaining a net leverage ratio covenant of 6.50 to 1.00. Equinix operates as a global provider of data center colocation services.
Equinix reported second-quarter 2026 revenues of $2.625 billion, a 16% increase year-over-year, driven by strong underlying performance and one-time xScale fees. Operating income rose 35% to $665 million, while net income attributable to common stockholders increased 30% to $479 million, or $4.83 per diluted share. Adjusted EBITDA reached a record $1.396 billion with a 53% margin. The company raised its full-year 2026 revenue guidance to $10.205–$10.285 billion and AFFO per share guidance to $42.69–$43.29, citing stronger demand and bookings. Equinix operates in the digital infrastructure industry, providing data center colocation and interconnection services.
Equinix, Inc. announced that Chief Business Officer Jon Lin will separate from his employment effective July 18, 2026. The company is implementing a transition plan by distributing responsibilities across its existing senior leadership team and expects to announce a new Chief Product Officer in the near future. Equinix, Inc. operates in the data center and interconnection-as-a-service industry.
Equinix, Inc. held its annual meeting on May 13, 2026, where shareholders reelected all 10 directors and approved executive compensation and the appointment of PricewaterhouseCoopers LLP. A stockholder proposal to lower the ownership threshold required to call a special meeting was rejected, receiving 25,847,167 votes in favor and 59,259,964 votes against.
Equinix, Inc. announced that Simon Miller will retire from his roles as Chief Accounting Officer and Principal Accounting Officer, effective July 31, 2026. The company stated that Mr. Miller's planned retirement is not due to any disagreements regarding financial statements, internal controls, or company operations.
Equinix Canada Financing Ltd, a wholly-owned subsidiary of Equinix, Inc., issued C$650 million in 3.950% senior notes due 2030 and C$600 million in 4.750% senior notes due 2035. These notes are fully and unconditionally guaranteed by the parent company, Equinix, Inc.