Kirkland Advises Strategic Value Partners and APCOA on €460 Million Senior Secured Floating Rate Notes Offering

Kirkland & Ellis advised Strategic Value Partners and APCOA, a leading smart mobility and parking services provider in the European market, on the offering of APCOA’s €460 million aggregate principal amount of senior secured floating rate notes due 2031. The proceeds of the notes were used, among other things, to refinance APCOA’s existing senior secured floating rate notes due 2031, allowing APCOA to significantly lower its debt service costs.

The Kirkland team included capital markets lawyers Tim Volkheimer, Serguei Chevtchenko, Patrick Wieser and Eva-Luna Slingerland; debt finance lawyers Sam Sherwood, Alexander Längsfeld, Jerome Hoyle, Cristina Poon, Lucy Williams and Daniel Beck; and tax lawyers Polina Liberman, James Morgan, Caroline Inker, Michael Ehret, Serene Ho, Emanuel Götz and Andrew Zhang.