GROUPE INFRA PARK : 11/04/2018 - Infra Park’s BBB rating confirmed with stable outlook revised in view of its financing strategy (AcT)

On April 10^th, 2018, S&P affirmed Infra Park's long-term corporate credit rating at BBB, while revising the outlook from positive to stable.

This BBB rating confirmation highlights the Group's strong 2017 performance as well as its solid infrastructure model and rating ratios. The outlook change from positive to stable reflects the refinancing operation announced by Infra Park on April 4^th, 2018.

Infra Park, world leader in parking and individual mobility, reaffirms its profitable growth strategy in France and internationally, always in compliance with its solid BBB rating, which guarantees its financial and strategic flexibility.

**********

About Infra Park

Infra Park, which owns in particular INDIGO Infra, INDIGO® weel and OPnGO, is a key global player in car parking and urban mobility, which manages more than 2.3 million parking spaces in 15 different countries. In 2017, Infra Park revenues and EBITDA amounted to €897.5 million and €310.0 million respectively (Global Proportionate figures).

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

Infra Park
A joint stock corporation with a capital of 160,044,282 euros
Headquarters: 4, place de la Pyramide – Immeuble Ile de France – Bâtiment A
92800 PUTEAUX LA DÉFENSE
800 348.146 RCS Nanterre
www.infraparkgroup.com

Source : Actusnews