LONDON, July 23, 2025 – Leading international law firm Proskauer announced today that it advised the purchasers on a €125 million issuance of high yield notes by APCOA Group GmbH ("APCOA"), a leading European parking infrastructure operator. APCOA is owned by funds managed by private equity firm Strategic Value Partners.
The notes issuance was a private placement of 6.00% Senior Secured Notes as a follow-on to the original issuance in late 2024 by APCOA, where the Firm represented the financing sources on high yield fixed and floating rate notes with an aggregate principal amount totaling €685 million, as well as on the amendment and restatement of APCOA's €110 million revolving credit facility.
The team was led by partner Jake Keaveny and included partner Courtland (Court) Tisdale, special finance counsel Morgan Hill and associates Yi Wei and Michael Malvenda (Capital Markets and Global Finance).