Registration: 144A/Reg S; Comments: 02/06/2020 Q-Park Holding I BV EUR1.455bn 144A/Reg S sr sec notes 3-part. Ba2/BB- (stable/stable). Via JPM (B&D)/BofA/KKR joint glocos/ABN/ING/NatWest/Rabo joint books, ICBC as co-manager. Settles Feb 13 (T+5).
- EUR425m (from EUR400m minimum) fixed rate due 01-March-2025 (5y). NC2 (MWC B+50bp), then at 100.75, 100.375, 100. EQuity claw: 2y 40% at 101.50. Reg S ISIN: XS2115189875. IPT high 1s. Px talk: 1.75% area. Final px talk: 1.50%-1.625%. Confirmed final price: EUR425m at 1.50%. Priced: 1.50% at 100. +209bp vs OBL 0% 11-April-2025.
- EUR630m (from EUR400m minimum) fixed rate due 01-March-2027 (7y). NC3 (MWC B+50bp), then at 101.00, 100.50, 100. Equity claw: 3y 40% at 102.00. Reg S ISIN: XS2115190451. IPT low-to-mid 2s. Px talk: 2.25% area. Final px talk: 2.00%-2.125%. Confirmed final price: EUR630m at 2.00%. Priced: 2.00% at 100. +253bp vs DBR 0.25% 01-March-2027.
- EUR400m (from EUR400m minimum) floating-rate due 01-March-2026 (6y). NC1 (MWC B+50bp), then at 100. Reg S ISIN: XS2115190295. IPT low-to-mid 2s. Px talk: 3mE+225bp area. Final px talk: 3mE+200-212.5bp, 0% floor. Confirmed final price: EUR400m at 3mE+200bp, 0% floor. Priced: 3mE+200bp, 0% floor, at 100.
Roadshow Feb 03-06. Books closed at 2pm UKT today. UOP: repay term loan and revolver, repay a portion (EUR40m) of existing shareholder loans. Equity sponsor: KKR. Biz: parent company of Q-Park BV, a leading parking infrastructure owner and operator in Western Europe with a large and diversified portfolio of owned, leased and managed parking facilities in the Netherlands, France, the UK, Germany, Belgium, Denmark and Ireland. HQ: Maastricht, Netherlands.;
Registration: 144A/Reg S; Comments: 02/06/2020 Q-Park Holding I BV EUR1.455bn 144A/Reg S sr sec notes 3-part. Ba2/BB- (stable/stable). Via JPM (B&D)/BofA/KKR joint glocos/ABN/ING/NatWest/Rabo joint books, ICBC as co-manager. Settles Feb 13 (T+5).
- EUR425m (from EUR400m minimum) fixed rate due 01-March-2025 (5y). NC2 (MWC B+50bp), then at 100.75, 100.375, 100. Equity claw: 2y 40% at 101.50. Reg S ISIN: XS2115189875. IPT high 1s. Px talk: 1.75% area. Final px talk: 1.50%-1.625%. Confirmed final price: EUR425m at 1.50%. Priced: 1.50% at 100. +209bp vs OBL 0% 11-April-2025.
- EUR630m (from EUR400m minimum) fixed rate due 01-March-2027 (7y). NC3 (MWC B+50bp), then at 101.00, 100.50, 100. Equity claw: 3y 40% at 102.00. Reg S ISIN: XS2115190451. IPT low-to-mid 2s. Px talk: 2.25% area. Final px talk: 2.00%-2.125%. Confirmed final price: EUR630m at 2.00%. Priced: 2.00% at 100. +253bp vs DBR 0.25% 01-March-2027.
- EUR400m (from EUR400m minimum) floating-rate due 01-March-2026 (6y). NC1 (MWC B+50bp), then at 100. Reg S ISIN: XS2115190295. IPT low-to-mid 2s. Px talk: 3mE+225bp area. Final px talk: 3mE+200-212.5bp, 0% floor. Confirmed final price: EUR400m at 3mE+200bp, 0% floor. Priced: 3mE+200bp, 0% floor, at 100.
Roadshow Feb 03-06. Books closed at 2pm UKT today. UOP: repay term loan and revolver, repay a portion (EUR40m) of existing shareholder loans. Equity sponsor: KKR. Biz: parent company of Q-Park BV, a leading parking infrastructure owner and operator in Western Europe with a large and diversified portfolio of owned, leased and managed parking facilities in the Netherlands, France, the UK, Germany, Belgium, Denmark and Ireland. HQ: Maastricht, Netherlands.;
Registration: 144A/Reg S; Comments: 02/06/2020 Q-Park Holding I BV EUR1.455bn 144A/Reg S sr sec notes 3-part. Ba2/BB- (stable/stable). Via JPM (B&D)/BofA/KKR joint glocos/ABN/ING/NatWest/Rabo joint books, ICBC as co-manager. Settles Feb 13 (T+5).
- EUR425m (from EUR400m minimum) fixed rate due 01-March-2025 (5y). NC2 (MWC B+50bp), then at 100.75, 100.375, 100. Equity claw: 2y 40% at 101.50. Reg S ISIN: XS2115189875. IPT high 1s. Px talk: 1.75% area. Final px talk: 1.50%-1.625%. Confirmed final price: EUR425m at 1.50%. Priced: 1.50% at 100. +209bp vs OBL 0% 11-April-2025.
- EUR630m (from EUR400m minimum) fixed rate due 01-March-2027 (7y). NC3 (MWC B+50bp), then at 101.00, 100.50, 100. Equity claw: 3y 40% at 102.00. Reg S ISIN: XS2115190451. IPT low-to-mid 2s. Px talk: 2.25% area. Final px talk: 2.00%-2.125%. Confirmed final price: EUR630m at 2.00%. Priced: 2.00% at 100. +253bp vs DBR 0.25% 01-March-2027.
- EUR400m (from EUR400m minimum) floating-rate due 01-March-2026 (6y). NC1 (MWC B+50bp), then at 100. Reg S ISIN: XS2115190295. IPT low-to-mid 2s. Px talk: 3mE+225bp area. Final px talk: 3mE+200-212.5bp, 0% floor. Confirmed final price: EUR400m at 3mE+200bp, 0% floor. Priced: 3mE+200bp, 0% floor, at 100.
Roadshow Feb 03-06. Books closed at 2pm UKT today. UOP: repay term loan and revolver, repay a portion (EUR40m) of existing shareholder loans. Equity sponsor: KKR. Biz: parent company of Q-Park BV, a leading parking infrastructure owner and operator in Western Europe with a large and diversified portfolio of owned, leased and managed parking facilities in the Netherlands, France, the UK, Germany, Belgium, Denmark and Ireland. HQ: Maastricht, Netherlands.;