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 7,083.69 52 6.37%
2 Deutsche Bank 6,886.84 39 6.20%
3 Goldman Sachs 6,877.67 36 6.19%
4 Credit Agricole CIB 6,659.77 36 5.99%
5 Barclays 6,209.03 28 5.59%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Citi 4,728.01 24 9.17%
2 JPMorgan 3,649.83 29 7.08%
3 Deutsche Bank 3,638.27 22 7.06%
4 Barclays 3,441.80 22 6.68%
5 Goldman Sachs 3,389.62 26 6.58%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 18,847.11 143 9.44%
2 JPMorgan 18,279.02 147 9.16%
3 Goldman Sachs 14,831.56 109 7.43%
4 Bank of America Merrill Lynch 14,255.85 117 7.14%
5 Morgan Stanley 12,912.93 86 6.47%