|[April 23, 2014]
Interxion Holding N.V. Announces Private Offering of €125 Million of 6.00% Senior Secured Notes Due 2020
AMSTERDAM --(Business Wire)--
Interxion (News - Alert) Holding N.V. ("Interxion", "we, "us", or the "Company")
(NYSE:INXN) today announced that it intends to offer, subject to market
and other conditions, €125 million aggregate principal amount of its
6.00% Senior Secured Notes due 2020 (the "Notes"). The Notes will be
guaranteed by certain subsidiaries of the Company. The Notes are being
issued under the indenture pursuant to which, on July 3, 2013, the
Company issued €325 million in aggregate principal amount of 6.00%
Senior Secured Notes due 2020.
The Company expects to use the net proceeds of the offering (i) to pay
for capital expenditures related to expansions of its existing data
centres and for new data centres, (ii) to pay fees and expenses incurred
in connection with the offering, and (iii) for other general corporate
purposes. In addition, the Company intends to terminate at the time of
closing of this offering the new €100 million senior secured credit
facility that it entered into on April 14, 2014. No amounts have been
drawn under this facility.
The Notes and the guarantees thereof have not been registered under the
Securities Act of 1933, as amended (the "Securities Act"), or applicable
state secrities laws. Accordingly, the Notes will be offered only to
qualified institutional buyers and to persons outside the United States
in reliance on Rule 144A and Regulation S under the Securities Act,
respectively. Unless so registered, the Notes may not be offered or sold
in the United States except pursuant to an exemption from the
registration requirements of the Securities Act and applicable state
securities laws. Prospective purchasers that are qualified institutional
buyers are hereby notified that the seller of the Notes may be relying
on the exemption from the provisions of Section 5 of the Securities Act
provided by Rule 144A.
This news release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall there be any
sale of these securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.
Neither the content of Interxion's website nor any website accessible by
hyperlinks on Interxion's website is incorporated in, or forms part of,
this announcement. The distribution of this announcement into certain
jurisdictions may be restricted by law. Persons into whose possession
this announcement comes should inform themselves about and observe any
such restrictions. Any failure to comply with these restrictions may
constitute a violation of the securities laws of any such jurisdiction.
This press release contains forward-looking statements that involve
risks and uncertainties. Actual results may differ materially from
expectations discussed in such forward-looking statements. Factors that
might cause such differences include, but are not limited to, the
difficulty of reducing operating expenses in the short term, inability
to utilise the capacity of newly planned data centres and data centre
expansions, significant competition, the cost and supply of electrical
power, data centre industry over-capacity, performance under
service-level agreements, and other risks described from time to time in
Interxion's filings with the Securities and Exchange Commission.
Interxion does not assume any obligation to update the forward-looking
information contained in this press release.
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