Shearman & Sterling advised Merrill Lynch International as global coordinator and ABN AMRO, Barclays, Citigroup and Crédit Agricole as joint bookrunners on InterXion's offering of €1,000,000,000 4 ¾ % senior notes due 2025. The firm also advised ABN AMRO, Bank of America, Barclays, Citigroup and Crédit Agricole as arrangers in connection with a new €200 million revolving credit facility made available to InterXion.
The proceeds of the offering will be used (i) to redeem the entire outstanding principal amount of InterXion’s €625 million 6.00% senior secured notes due 2020, (ii) to repay and terminate each of InterXion's existing revolving credit facilities, (iii) for general corporate purposes and (iv) to pay fees and expenses incurred in connection with the offering and the refinancing.
InterXion is a leading provider of carrier and cloud-neutral colocation data center services in Europe. InterXion supports approximately 2,000 customers through 50 data centers in 11 countries. InterXion operates in major metropolitan areas including Amsterdam, Frankfurt, Paris and London, Europe's main data center markets.
The Shearman & Sterling team below was supported by secondee Andrea Esbri (London-Capital Markets).