Post by Allen & Gledhill LLP
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š In the Spotlight: Advising Equinix Asia Financing Corporation and Equinix on the establishment of its US$3 billion Euro medium term note programme and issuance of S$1.15 billion senior notes As one of the world's largest data centre companies, Equinix is also one of the few NASDAQ-listed U.S. REITs to establish a Singapore debt issuance programme through a Singapore subsidiary, and issue Singapore dollar-denominated notes cleared through The Central Depository (Pte) Limited and listed on the SGX Group. The establishment of the US$3 billion Euro medium term note programme and the inaugural issuance of S$500 million senior notes (Notes) in 2025 marked several important milestones: āļø Equinix's first Singapore dollar bond issuance and inaugural green bond offering in Singapore. āļø The first U.S. corporate issuer to access the Singapore dollar bond market in more than five years. āļø The Notes were issued under Equinix's Green Finance Framework, with proceeds allocated towards financing and refinancing eligible green projects, including green buildings, clean and renewable energy, energy efficiency, resource conservation, decarbonisation solutions, and climate change adaptation. Building on the success of the inaugural issuance, Equinix subsequently returned to the Singapore market with a further S$650 million green bond issuance under the same programme, bringing the aggregate issuance to S$1.15 billion and underscoring its continued commitment to sustainable finance. This transaction was named Best Property Deal (Singapore) at the FinanceAsia Achievement Awards 2025, reflecting its significance in Singapore's debt capital markets. Advising Equinix Asia Financing Corporation and Equinix were Partners Ong Kangxin and Sunit Chhabra. š Read the deal summary here: https://lnkd.in/gTriXUdu In the Spotlight is our new series highlighting recent significant matters A&G Asia has worked on across key industries in the region. For the month of July, we will be featuring digital infrastructure matters from our Singapore office ā stay tuned for the rest of the series to see how different trends take shape across key sectors in the region. #allenandgledhill #agasia #singapore #InTheSpotlight #significant #matters #deals #ESG #debtcapitalmarkets #DCM #capitalmarkets #sustainablefinance #greenbonds #datacentres #digitalinfrastructure