Pulled IPO pushes Interxion into drive-by bond

Interxion Holding, an Amsterdam based data centre provider, tapped an Eu200m high yield bond this week after it was forced to delay an initial public offering. The delay in the IPO, scheduled for the final quarter of this year, came after one of the company’s largest peers, Equinix of the US, suffered a 33% fall in its share price after issuing a profit warning last month.

  • 05 Nov 2010

"Equinix is the largest company in the sector and when it sneezes everyone else catches a cold," said a banker familiar with the sector. "Interxion is not struggling operationally, but market sentiment has turned against the sector momentarily."

Interxion priced its Eu50m drive-by at 106.5 on Thursday. The ...

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Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 16,684.16 83 7.43%
2 Credit Agricole CIB 13,287.71 61 5.92%
3 Deutsche Bank 12,890.62 50 5.74%
4 Goldman Sachs 12,767.85 54 5.68%
5 UniCredit 11,414.29 66 5.08%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 5,048.40 37 7.53%
2 BNP Paribas 4,834.62 56 7.21%
3 Deutsche Bank 4,245.09 42 6.33%
4 JPMorgan 3,756.57 41 5.60%
5 Credit Suisse 3,672.86 39 5.48%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 19,149.85 147 10.24%
2 Goldman Sachs 14,216.06 100 7.60%
3 Credit Suisse 13,243.20 94 7.08%
4 Bank of America Merrill Lynch 12,775.52 117 6.83%
5 Citi 12,347.90 105 6.60%