Anticipated Repayment Date (ARD): 30-Sep-31 (5 years)
Final Note Maturity: 30-Sep-46
Size: £280m
Spread Set: Mid Gilts +130bps
Benchmark: UKT 0.25 31-Jul-31
Coupon: Fixed, Quarterly, ACT/ACT (ICMA) – to be priced to exact coupon and issued at par
Post ARD Additional Interest: 5.00% p.a. step up if notes are not repaid by First ARD and is subordinated to the coupon and principal repayment. Full terms as set out in prospectus
Principal Repayment: None prior to ARD, 100% sweep post ARD
Cash Trap Conditions: LTV is greater than 75%; and /or DY is less than 7.75%
Docs: Prospectus / GEM Listing / English Law
Denoms: £100k+£1k
UoP: To repay the existing intercompany indebtedness, make a distribution to equity holders, fund transaction-related expenses and for general corporate purposes
Optional Redemption: MWC (@ Relevant Gilt + 15% of bond spread), 3m Par-Call
Covenants: As per Prospectus
Sole Arranger: Goldman Sachs International
Sole Bookrunner: Goldman Sachs International
B&D: Goldman Sachs International
ISIN: XS3444057197
Marketing: Management presentation recording and deal documents are made available on Deal Roadshow: https://dealroadshow.finsight.com/ and enter the entry code: EQUINIX26 (case-sensitive)
Target Market: Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) has been prepared as not available to retail in EEA