Infra Park announces the success of a new bond issue of €100 million. This new bond with a 12-year maturity (July 2029) bears a 2.0% fixed coupon. The pricing of this new issue resulted in a spread of 110 bps above mid-swap rate.
This transaction allows Infra Park to confirm its regular issuer status on the bond markets, to extend its debt maturity profile and to pursue its development.
Infra Park as well as the bonds issued are rated BBB/Positive by Standard & Poor's.
NatWest Markets acted as lead manager and sole bookrunner for the bond offering.
Rothschild & Cie acted as FINANCIAL advisor to the company in this transaction.
| Contact analysts / investors: | Press contact: |
| Edouard Risso | Claire Lise Beaurenault |
| Tel.: +33 1 49 03 14 60 | Tél : +33 1 49 03 12 79 |
| edouard.risso@infraparkgroup.com | claire-lise.beaurenault@infraparkgroup.com |
About Infra Park
Infra Park (previously named Infra Foch), holding about 100% of Indigo (previously named VINCI Park), is a key global player in car parking and urban mobility, which manages more than 2.1 million parking spaces in 16 different countries. In 2016, Infra Park revenues and EBITDA amounted to €860 million and €305 million respectively (Global Proportionate figures, pre-IFRS 11).
Infra Park is indirectly held at 49.2% by investment funds managed by Ardian, 49.2% by Crédit Agricole Assurances, and the remainder by the em
Infra Park
A joint stock corporation with a capital of 160,044,282 euros
Headquarters: 4, place de la Pyramide – Immeuble Ile de France – Bâtiment A
92800 PUTEAUX LA DÉFENSE
800 348.146 RCS Nanterre
www.infraparkgroup.com
