* InterXion IPO raises $264.9 million
* Prices at top of the range at $13
(Updates with details about InterXion)
NEW YORK Jan 27 InterXion Holding N.V., a
Netherlands data center company, priced shares in its initial
public offering at the top of the expected range on Thursday,
according to an underwriter.
InterXion sold 20.4 million shares at $13 each, raising
about $264.9 million, an underwriter said.
The company had planned to sell shares for $11 to $13 each,
according to a regulatory filing. InterXion planned to sell
16.25 million ordinary shares, while 4.13 million shares were
expected to be sold by existing shareholders.
The company will use the proceeds for general corporate
purposes including construction of new data centers, according
to a filing with the U.S. Securities and Exchange Commission.
Amsterdam-based InterXion runs 28 data centers across 11
European countries, housing more than 350 carriers and a number
of Internet exchanges.
Called a co-location data center services provider,
InterXion -- one of the biggest of that sort in Europe --
offers space, power, cooling and security while storing
computing, network, storage and IT infrastructure, among other
Underwriters on the offering were led by Bank of America
Merrill Lynch, Citigroup and Barclays Capital.
InterXion is expected to begin trading on the New York
Stock Exchange on Friday under the symbol "INXN."
(Reporting by Alina Selyukh; editing by Andre Grenon and Tim