Infra Park has signed on October 7, 2016 a new €300 million multi-currency Revolving Credit Facility with extended maturity to October 2021 (with 2 years of extension options subject to banks' approval). The new RCF replaces the existing €300 million facility that was due to expire in October 2019.

The new facility has been provided by seven banks, BBVA, BNP Paribas, CM-CIC, LCL, RBS, Santander and Société Générale.

This refinancing provides the Group with increased financial flexibility, improved credit conditions and stronger capacity to finance strategic capital expenditures and bolt-on acquisitions, whilst broadening its banking pool (CM-CIC and Société Générale joining the existing pool).
 

About Infra Park

Infra Park (previously named Infra Foch) holds about 100% of Indigo Infra (previously named VINCI Park). Indigo Infra is a key global player in car parking and urban mobility, which manages more than 2.0 million parking spaces in 16 different countries. In 2015, Infra Park revenues and its EBITDA amounted to 795 million euros and 281 million euros respectively (Global Proportionate figures, pre IFRS 11).

Infra Park is indirectly held at almost 49.2% by investment funds managed by Ardian, almost 49.2% by Crédit Agricole Assurances, and the remainder by the employees and management of the Group.