AMSTERDAM--(BUSINESS WIRE)--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.
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 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.
This announcement contains inside information under Regulation (EU) 596/2014 (16 April 2014).