"Interparking Completes Acquisition of Saba Group with €1.6 Billion Financing Package"

"Interparking has successfully acquired the Saba group, supported by EUR 1.6 billion in financing from Belgian and international banks, including BNP Paribas Fortis and Banco Santander. This acquisition and financing position the combined group as a leading pan-European car park owner and operator. Eubelius provided legal assistance for the transaction."

Eubelius participated in the transaction, assisting Interparking in connection with the financing aspects of its acquisition of the Saba group. BNP Paribas Fortis SA/NV and Banco Santander S.A. acted as Bookrunning Mandated Lead Arrangers for the financing. The transaction involved Interparking successfully completing the acquisition of the Saba group, following approval by the relevant competition authorities. Eubelius advised on EUR 1.6 billion bridge and revolving credit facilities provided by a syndicate of Belgian and international banks. The financing will primarily be used to refinance existing indebtedness within the Saba perimeter and for general corporate and working capital purposes of the combined group. This acquisition and financing package positions the combined group as a leading pan-European car park owner and operator. The Eubelius team included Thomas Donnez, Sylvain Guéret, and Isabelle Lefever from the Banking & Finance practice, as well as Wouter Claes, Kelly Moens, and Lode Van Dessel from the Tax practice.

"Interparking Completes Acquisition of Saba Group with €1.6 Billion Financing Package"

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