InterXion Holding N.V. Announces Private Offering of €1,000,000,000 of Senior Notes Due 2025
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AMSTERDAM--(BUSINESS WIRE)--Jun 5, 2018--InterXion Holding N.V. (“InterXion”, “we, “us”, or the “Company”) (NYSE: INXN) today announced that it intends to offer, subject to market and other conditions, €1,000,000,000 aggregate principal amount of senior notes due 2025 (the “Notes”) and that it expects to enter into a new €200,000,000 senior unsecured revolving credit facility (the “Revolving Credit Facility”) upon completion of the offering of the Notes. The Notes and the Revolving Credit Facility will be guaranteed by certain subsidiaries of the Company.
The Company expects to use proceeds from the offering of the Notes (i) to redeem the entire outstanding principal amount of its €625 million 6.00% senior secured notes due 2020, (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.