Related Issuers
by Stephen Carter
Mar 25, 2025 5:06 PM ET
Arena Luxembourg Finance Sarl (Empark) (EMPARQ) EUR300m 144A/Reg S sr sec FRN due 05/01/30 (5y). NC6mos (11/01/25) (MWC B+50bp), then at 101.00 for 12mos, then 100. Ba3/BB (negative/stable). Via GS (B&D)/BNP jt glocos and physical books/BBVA/Barc/JPM/Santander jt books. No reg rights. List Lux. NY law. CoC at 101. Settles 04/08 (T+10). Reg S ISIN: XS3038490176. IPT: E+300-325bp at par. Price talk: E+275-300bp at par. Final price talk: E+262.5bp area (+/-12.5bp) at par (WPIR).
Priced: 3mE+250p at 100 (0% floor).
Roadshow (small group meetings) 03/24-25 (investor call at 11:30am UKT 03/24). Books closed at 4:45pm (from 3:30pm) UKT 03/25. UOP: repay EUR225m FRN due 02/01/27 (callable at 100) and repay EUR75m shareholder loan. Equity sponsor: Macquarie Infrastructure and Real Assets. Biz: leading operator in the Iberian parking infrastructure concession market. HQ: Madrid, Spain.
Netroadshow link: https://urldefense.com/v3/__https:/www.netroadshow.com/events/login?show=2212a5d3&confId=79943__;!!O2kDR7mm-zSJ!rib7QqfbGc3vFdiLXuGI8153i13_ZhH0ETE0ilfie4UOmKrwQhYyAulphdlI_fzVt8rIinds2tqEsWidSQ$. Access code: Empark-2025.