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 Swedbank 160.81 1 11.11%
1 Sumitomo Mitsui Financial Group 160.81 1 11.11%
1 SEB 160.81 1 11.11%
1 Nordea 160.81 1 11.11%
1 Natixis 160.81 1 11.11%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 200.50 2 12.59%
1 Deutsche Bank 200.50 2 12.59%
3 UniCredit 113.00 1 7.09%
3 Sumitomo Mitsui Financial Group 113.00 1 7.09%
3 Mediobanca 113.00 1 7.09%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 420.00 3 15.69%
2 TD Securities Inc 304.57 2 11.38%
3 Wells Fargo Securities 250.00 1 9.34%
3 Jefferies LLC 250.00 1 9.34%
3 Goldman Sachs 250.00 1 9.34%