InterXion Holding N.V. Announces Pricing of Offering of Ordinary Shares
June 26 2019 - 7:07PM
Business Wire
InterXion Holding N.V. (“InterXion”, “we, “us”, or the
“Company”) (NYSE: INXN) today announced that it priced its
previously announced public offering of 4,000,000 ordinary shares
at a public offering price of $72.75 per share. In addition, the
Company granted the underwriters a 30-day option to purchase up to
an additional 600,000 ordinary shares at the public offering price,
less the underwriting discounts and commissions. The gross proceeds
of this offering, before deducting the underwriting discounts and
commissions and offering expenses, are expected to be $291 million.
The offering is expected to close on or about July 1, 2019, subject
to customary closing conditions.
The Company intends to use the net proceeds from this offering
for general corporate purposes, including funding for land bank
development and its currently planned and future data center
capacity expansion projects, working capital needs and the
repayment of short-term indebtedness.
Citigroup, Barclays, BofA Merrill Lynch and Guggenheim
Securities are serving as joint book-running managers and ABN AMRO
is serving as co-manager for the proposed offering.
The offering is being made pursuant to the Company’s shelf
registration statement on Form F-3 filed with the U.S. Securities
and Exchange Commission (the “SEC”) on June 25, 2019 (the
“Registration Statement”). The ordinary shares are being offered
only by means of a prospectus and an accompanying prospectus
supplement forming a part of the effective Registration Statement.
Prospective investors should read the prospectus included in the
Registration Statement, the final prospectus supplement and other
documents that the Company has filed with the SEC for more complete
information about the Company and the offering. The Registration
Statement, the final prospectus supplement and the documents
incorporated by reference therein are available on the SEC’s
website at: http://www.sec.gov.
When available, copies of the final prospectus supplement and
the accompanying prospectus may be obtained from Citigroup Global
Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, NY 11717, toll-free: (800) 831-9146; or Barclays
Capital Inc., c/o Broadridge Financial Solutions, 1155, Long Island
Avenue, Edgewood, NY 11717, by calling (888) 603-5847 or by
emailing Barclaysprospectus@broadridge.com; or BofA Merrill Lynch,
Attn: Prospectus Department, NC1-004-03-43, 200 North College
Street, 3rd Floor, Charlotte, NC 28255-0001 or via email at:
dg.prospectus_requests@baml.com.
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.
Forward-looking Statements
This press release contains “forward-looking statements,” as the
phrase is defined in Section 27A of the U.S. Securities Act of
1933, as amended, and Section 21E of the U.S. Securities Exchange
Act of 1934, as amended. The words “expect,” “will,” “intend” and
similar words are intended to identify estimates and
forward-looking statements. Forward-looking statements are not
historical facts, and include statements relating to, among other
things, the completion of the transaction described above. 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 SEC. InterXion does not
assume any obligation to update the forward-looking information
contained in this press release.
About Interxion
InterXion (NYSE: INXN) is a leading provider of carrier and
cloud-neutral colocation data centre services in Europe, serving a
wide range of customers through 52 data centres in 11 European
countries. InterXion’s uniformly designed, energy efficient data
centres offer customers extensive security and uptime for their
mission-critical applications. With over 700 connectivity
providers, 21 European Internet exchanges, and most leading cloud
and digital media platforms across its footprint, InterXion has
created connectivity, cloud, content and finance hubs that foster
growing customer communities of interest. For more information,
please visit www.interxion.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190626005864/en/
Jim Huseby Investor Relations InterXion Tel: +1-813-644-9399
IR@interxion.com
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