Equinix’s Great Oaks campus in San Jose, Calif. In the third quarter, the company sold bonds worth 300 million Swiss francs at a rate of 2.875%. Photo: EquinixU.S. data-center operator Equinix is raising debt in foreign countries in an effort to save on interest costs. Redwood City, Calif.-based Equinix, a real-estate investment trust that runs 251 data centers worldwide, is taking advantage of differences in interest rates between countries by issuing debt where rates are lower than in the U.S. Last year, the company sold bonds for the first time in Switzerland and returned to Japan to raise debt. And it remains on the hunt for other low-yield jurisdictions, even as the Federal Reserve pencils in rate cuts for later this year, says Chief Financial Officer Keith Taylor .

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Persons: Keith Taylor Organizations: Oaks Locations: San Jose, Calif, Redwood City, U.S, Switzerland, Japan