May 22, 2024 06:11 GMT
Equinix: Moody's Completes Periodic Review
REAL ESTATE
Equinix (EQIX: Baa2/BBB): Moody’s completes periodic review
No Rating Action taken. Moody’s highlight the following:
- “leading position in the global data center market”
- “its moderate leverage metrics”
- “strong fixed charge coverage and excellent liquidity”
- “The favorable demand environment for data centers, the REIT's large development pipeline and lower, albeit growing, share of owned properties compared to other rated REITs are other key considerations”
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