Monthly journal Parking Review has been the definitive source of news and intelligence on the UK and international public and private parking sectors since 1989.

APCOA Parking Group refinancing finalised

29 December 2014
 

APCOA Parking Group has completed its financial restructuring on a consensual basis with key lenders.

The group’s balance sheet has now been significantly deleveraged, reducing its debt by more than €440m (£348m). The refinancing also provides up to six year terms for the refinanced facilities and €80m (£63m) of additional financing to support the group’s projected growth and capital investment programme.

One key creditor reached an agreement in December that...

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