(WEB HOST INDUSTRY REVIEW) — European data center operator Interxion (www.interxion.com) announced on Tuesday it has raised about $278 million (€200 million) through a sale of senior secured notes.
Interxion says it will use the funds to “repay existing indebtedness and for general corporate purposes.”
The company did not specify whether the funds would go towards supporting more data center space.
For the past two years, Interxion has been aggressively expanding its data center space with new additions in Zurich, Paris, Frankfurt and Dublin.
The company also has five data centers each in Amsterdam and Frankfurt, and another four in Paris.
The company provides colocation, wholesale data center services and managed hosting services to customers in 26 carrier-neutral data centers located in 13 cities and 11 European countries.
Last month, Interxion’s competitor, Digital Realty Trust, revealed its plans to offer senior notes. The company said it would use the funds to temporarily repay all or some of its debt, to acquire additional properties, to fund development and redevelopment opportunities and for general corporate purposes.
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