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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
INDS
PRCD
INTPSA
Interparking SA€1,150
2EMEA
Aug 26, 2026
currency
EUR
size (m)
650.000
maturity
Sep 2, 2031
type
Fixed
tenor
5.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
-
s&p
BBB
fitch
-
size description
Expected
re-open/tap
No
ipt
MS+125 area
ipt-pxd
-35
guidance
MS+95 area
spread
90
coupon
3.875%
spread set
-
price
99.47500
yield
3.993%
book size (m)
3,000
peak book (m)
3,400
x-covered
4.62
book attrition
-11.76%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
co-managers
-
coordinating managers
book size (m)
3,000
peak book (m)
3,400
x-covered
4.62
book attrition
-11.76%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
co-managers
-
coordinating managers
currency
EUR
size (m)
500.000
maturity
Sep 2, 2034
type
Fixed
tenor
8.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
-
s&p
BBB
fitch
-
size description
Expected
re-open/tap
No
ipt
MS+125 area
ipt-pxd
-5
guidance
MS+125 area
spread
120
coupon
4.375%
spread set
-
price
99.94700
yield
4.383%
book size (m)
2,900
peak book (m)
3,100
x-covered
5.8
book attrition
-6.45%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
co-managers
-
coordinating managers
book size (m)
2,900
peak book (m)
3,100
x-covered
5.8
book attrition
-6.45%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
co-managers
-
coordinating managers
Tranche Comments
Book size: 3000; Registration: Reg S Only; Comments: DBR 0 08/15/31 @ 86.660 / 2.926% (B+106.7bps / HR: 106%). Listing: Brussels. MWC: B+20. CoC: 100%. Tax Call: Yes. Clean-Up Call: 75%. LEI: 549300RAJU08ENOK1S69; Book size: 2900; Registration: Reg S Only; Comments: DBR 2.6 08/15/34 @ 96.410 / 3.116% (B+126.7bps / HR: 97%). Listing: Brussels. MWC: B+20. CoC: 100%. Tax Call: Yes. Clean-Up Call: 75%. LEI: 549300RAJU08ENOK1S69;
Deal Comments
This tranche 5y was upsized from EUR500m to EUR650m
Guarantor(s)
Servipark International SA
Use of Proceeds
General corporate purposes, including the refinancing of the outstanding €1.1 billion senior unsecured bridge loan facility
Relative Value

COMPS

Ticker

Rating (M/S/F)

Coupon

Pricing date

Maturity

Tenor

Amount Outstanding

Bid Price

Bid I-Spread

VPARKI

-/BBB/-

4.5

11/10/2023

18/04/2030

3.6

400

102.205

71

VPARKI

-/BBB/-

3.75

16/04/2026

24/04/2032

5.7

600

98.822

86

ABESM

-/BBB-/BBB

3.125

30/06/2025

07/07/2030

3.9

750

98.16

56

ABESM

-/BBB-/BBB

3.625

01/06/2026

08/03/2032

5.5

750

98.367

84

HITTFP

-/BBB-/BBB

1.475

11/01/2022

18/01/2031

4.4

1,000

91.042

62

ATOSTR

Baa3/BBB/BBB

4.75

17/01/2023

24/01/2031

4.4

750

103.966

61

ATOSTR

Baa3/BBB/BBB

4.25

21/02/2024

28/06/2032

5.8

750

101.243

88

ATOSTR

Baa3/BBB/BBB

5.125

07/06/2023

14/06/2033

6.8

750

105.555

99

ATOSTR

Baa3/BBB/BBB

4.625

21/02/2024

28/02/2036

9.5

750

101.512

119