As far as I know InterXion do not have a facility in Portugal , does anybody know of a carrier neutral data centre in Portugal ?

I would imagine that they are in a good position as the contracts were well tended to and the funding lines were secured by contract. As InterXion have made no negative noises hey seem fine – the banks are liquid currently according to the S&P view, so all should be fine.

This is not actually all based on any insight on Interxion, but as a business in a versimilar position to them, the banks are delighted to have performing businesses on their books…………….especially as no one else is trying to borrow any money.

I have a start up – its 2 years old this Christmas – it has only just moved to being profitable – it is cash hungry – and the bank love me today, and have lots of time to spend with me, all because everything else just stalled over the Summer.

I used to tell people I had a Business Process Software Company, and did OK – now I tell them we make software for the 3 R's (Regulation, Risk, Recession) and we have wind in our sails.

Its a reseccion – get into a little debt and its your problem – start a business and get into a load of debt and you become their problem – and problems get attention

Hi Alan,

Sometimes no news is good news, however in the current financial crisis most folks are keeping a low profile and either canceling investment plans or delaying them because they can't raise the funding. The wholesale market has completely collapsed. The point I was making in the article is that Fortis don't exist anymore so I guess that unless InterXion drew down the funds before Fortis disappeared, the revolving facility is short of a few quid…

Steve