Commentary & Deal Flow

Guidance: 5yr: MS+95a - Book > €3.4bn 8yr: MS+125a - Book > €2.95bn

IPTs: 5yr: MS+125a 8yr: MS+155a

• Issuer: Interparking SA (Ticker: INTPSA, Country: BE)
• Guarantor: Servipark International SA
• LEI: 549300RAJU08ENOK1S69
• Issuer Rating: BBB stable outlook by S&P
• Issue Rating (expected): BBB by S&P
• Format: Reg S (Cat.2), Dematerialised, Senior Unsecured
• Size:
  • 5yr: €650m
  • 8yr: €500m
• Global Coordinators: BNP Paribas (B&D), Santander
• Active Bookrunners: BBVA, Belfius, ING, Société Générale
• Passive Bookrunners: Caixabank, Commerzbank, IMI-Intesa Sanpaolo, KBC
• Pricing Date: 26-Aug-26
• Settlement Date: 02-Sep-26 (T+5)
• Maturity Date:
  • 5-year: 02-Sep-31
  • 8-year: 02-Sep-34
• Coupon: Fixed, Annual, Act/Act (ICMA)
• Call Options: Tax Call, MWC (in whole), 3m Par Call, Residual Call (75%)
• Change of Control Put Option: Yes (at par, subject to Rating Event)
• Negative Pledge: Yes
• Cross Acceleration: Yes
• Use of Proceeds: General Corporate Purposes, including (without limitation) the repayment of the existing €1.1bn bridge facility in connection with acquisition of Saba
• Docs/Denoms: EMTN / Belgian Law / Euronext Growth Brussels (unregulated market) / €100k + €100k
• Business Days: T2, Following, unadjusted
• Clearing System: NBB-SSS, of which Clearstream and Euroclear are participants. The Bonds will be admitted to X accounts only, ie investors holding through Belgian N accounts will not be able to buy the Bonds.
• Target Market: The manufacturer target market (MIFID II/UK MIFIR product governance) is eligible counterparties and professional investors (all distribution channels). No EEA PRIIPs key information document (KID) or UK KID/CCI product summary has been prepared as not available to retail in EEA or the UK
• Selling Restrictions: As per Base Information Memorandum.
• Base Information Memorandum: The Base Information Memorandum dated 20-Aug-26 is available on the Issuer website:https://www.interparking.com/en/investor-relations/. The Pricing Supplements will be available on the Issuer's website when published.
• Schedule: Books open, Today's business
• Books Subject: 12.25 UKT / 13.25 CET