Equinix prepaid an approximately $109 million loan

On March 31, 2010, CHI 3, LLC (“CHI 3”), an indirect wholly-owned subsidiary of Equinix, Inc. (“Equinix”), prepaid an approximately $109 million loan (the “Loan”) evidenced by the Development Loan and Security Agreement, dated as of February 2, 2007, by and between CHI 3 and SFT I, Inc. (the “Lender”). The Loan was used for the development, design and construction of a data center located in Elk Grove Village, Illinois.

The Loan was prepaid to Lender and its assignees for an amount equal to 95.909% of the then outstanding principal balance of the Loan, plus interest and charges, totaling approximately $104.8 million. This represents a discount from principal of approximately $4.5 million.

Lender (or its affiliates) owns a data center located in El Segundo, California leased by Equinix Operating Co., Inc., and is a party to a $100 million loan to another Equinix subsidiary secured by the 32-acre Beaumeade Business Park in Ashburn, Virginia.