|InterXion Holding N.V. Announces Pricing of Private Offering of €1,000,000,000 4¾%Senior Notes due 2025 and Conditional Redemption of €625,000,000 Senior Secured Notes due 2020|
NOT FOR DISTRIBUTION TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.
In addition, the Company today announced the conditional redemption of all of its €625,000,000 6% Senior Secured Notes due 2020 (the “Existing Notes”). Redemption of the Existing Notes is subject to receipt by the Existing Notes trustee or paying agent of aggregate proceeds in a sufficient quantity to pay the redemption price for the Existing Notes in full and to pay all related expenses on the redemption payment date.
As previously announced, the Company expects to use proceeds from the offering of the Notes (i) to redeem the entire outstanding principal amount of the Existing Notes, (ii) to repay €100 million in amounts drawn under its €100 million super senior revolving credit facility, €100 million in amounts drawn under its €100 million senior secured revolving facility, €50 million in amounts drawn under its €225 million unsecured subordinated revolving credit facility and to terminate each of these facilities, (iii) for general corporate purposes and (iv) to pay fees and expenses incurred in connection with the offering and the refinancing.
The Notes and the guarantees thereof have not been registered under the
Securities Act of 1933, as amended (the “Securities Act”), or applicable
state securities laws. Accordingly, the Notes will be offered only to
qualified institutional buyers and to persons outside
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
Promotion of the Notes in the
MiFID II professionals/ECPs-only/No PRIIPs KID. Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) has been prepared as not available to retail in the European Economic Area.