Kirkland Advises Centerbridge Partners and APCOA Parking on €685M Senior Secured Notes Offering and €80M Super Senior Revolving Credit Facility

Kirkland & Ellis advised Centerbridge Partners and APCOA Parking, a leading European parking infrastructure operator and services provider, on the offering of APCOA’s €685 million Senior Secured Notes due 2027, comprising €320 million aggregate principal amount of 4⅝% Senior Secured Notes due 2027 and €365 million aggregate principal amount of Senior Secured Floating Rate Notes due 2027. The offering of the notes was backed by certain-funds commitments provided by Barclays Bank and NatWest Markets. In connection with the offering of the notes, APCOA Parking also entered into a new €80 million Super Senior Revolving Credit Facility. 

The Kirkland team was led by capital markets partners William Burke and Tim Volkheimer and associates Chrystel Marincich and Serguei Chevtchenko and debt finance partners Neel Sachdev and Sam Sherwood and associates Jerome Hoyle and Tilly Kersley.