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)