Interxion Holding N.V. (“Interxion” or “the Company”) today announced that its offering of €200 million 9.5% Senior Secured Notes due 2017 (the “Notes”) is closed and funded. The Notes were issued at par. The Company has also arranged a new €60 million revolving credit facility.
The Company will use the proceeds to repay its existing commercial debt and to provide Interxion with the necessary funding and flexibility to finance its future data center expansion plans.
David Ruberg, Interxion CEO, commented: “Investors have been attracted by a combination of our sound growth strategy and our track record of successful execution. Our disciplined, demand led approach to expansion and conservative financial management has enabled us to deliver 18 consecutive quarters of growth in revenue. The funds raised will provide a strong platform to continue to build on the successes that we have achieved to date.”
Citi, BofA Merrill Lynch, Credit Suisse and Barclays Capital acted as joint Book Running Managers and ING acted as Co-Manager in connection with the Notes.
