Equinix issues S$500m green bond in Singapore debut

The money raised from the 3.5% notes, due in 2030, will go towards the data infrastructure firm's green projects such as energy efficiency at its data centres across Apac; DBS, Standard Chartered, HSBC and OCBC helped secure the bond.

Global digital infrastructure firm Equinix has issued S$500 million $376 million in green bonds in its inaugural offering in the Singaporean market. Equinix’s debut issuance marks the first US corporate to access the Singapore dollar market in over five years.

The 3.5% senior notes due 2030 the offering closed on March 13. Equinix said that it will utilise the green bonds to advance its commitment to sustainability, and to further its operational efficiency. In addition to Singapore, in Asia Pacific Apac, Equinix operates services and data centres in Adelaide, Brisbane, Canberra, Melbourne, Perth, Sydney, Shanghai, Hong Kong, Chennai, Mumbai, Jakarta, Osaka, Tokyo, Seoul, Johor and Kuala Lumpur. ...

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