Equinix issues its first Singaporean green bonds, raising $375 million

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Equinix issues its first Singaporean green bonds, raising $375 million

, Reuters - 12:21 AM ET 3/18/2025 Company News

SINGAPORE, March 18 (Reuters) - U.S. digital infrastructure company Equinix ( EQIX ) said on Tuesday that it has issued S$500 million ($375 million) in green bonds in its inaugural offering in the Singaporean market.

The Nasdaq-listed company said in a statement it intended to allocate an amount equal to the net proceeds from the green bonds to recently completed or future eligible green projects.

Equinix ( EQIX ) issued S$500 million in 3.50% senior notes due 2030 in the offering that closed on March 13, said the statement.

The issuance is the first time a U.S. company has accessed the Singapore dollar bond market in over five years.

DBS Bank and Standard Chartered ( SCBFF ) were joint global coordinators. They were also the joint lead managers and bookrunners with HSBC ( HSBC ) and OCBC, the statement showed.

($1 = 1.3318 Singapore dollars) (Reporting by Yantoultra Ngui; Editing by Tom Hogue)

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