Equinix, the largest publicly traded data center operator on the planet, is looking to raise at least $3 billion from a new US investment-grade bond sale. The company is selling into what Bloomberg describes as a “recently weakened environment” for debt tied to the artificial intelligence boom.
The deal and what’s behind it
The company has already closed a $1.5 billion senior notes offering in early 2026 that comprised $700 million in 4.400% notes due 2031 and $800 million in 4.700% notes due 2033.
Equinix currently operates over 270 AI-ready data centers across 77 markets globally. Those facilities feature high-density power configurations, liquid cooling systems, and robust GPU connectivity, all designed for the kind of high-performance computing that AI workloads demand.
The company has also established a secured funding vehicle in the UK targeting £280 million backed by two data center assets.
