FEED the BULL

Welcome to Feed the Bull - A home for investment information and interaction.

Article

(EQIX, GMCR, PRGO, CLNO) Notable Stock by DrStockPick.com

Posted, by drstockpick on October 10th, 2011

Equinix, Inc. (Nasdaq:EQIX) announced that it has entered into a $150 million unsecured revolving credit facility. The revolver, which has a five-year maturity to September 2016, allows for borrowing, repayments and re-borrowing over the entire five-year term and provides a sublimit within the revolver for the issuance of letters of credit of up to $100 million and swing line borrowings of up to $25 million. Borrowings under the revolver carry an interest rate of US$ LIBOR plus an applicable margin ranging from 1.25% to 1.75% p.a., which varies as a function of the Company's senior leverage ratio.

Equinix, Inc. provides network neutral data center services to enterprises, content providers, financial services companies, and network service providers.

Read the full article and the disclaimer at: http://drstockpick.com/?p=22463

Authored by, drstockpick
Log in or register to post Private Message
Advertise with us

Add new comment

By submitting this form, you accept the Mollom privacy policy.