Carol Daniel~~Claire Williams~~Srishti Gupta~~Alessio D'Alessandro~~Busra Kakdas~~Lampros Anastasopoulos~~Alejandro Gallego~~Jonathan Cantor~~Preston Irace
February 23, 2026
Q-Park Completes Senior Secured Notes Offering and Concurrent Tender Offer

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AI-made summary
- • Simpson Thacher advised Q-Park, a KKR portfolio company, on its €650 million senior secured notes offering and concurrent tender offer. • The offering included €350 million of 3.875% notes and €300 million of floating rate notes, both due 2031. • Proceeds were used to purchase and redeem Q-Park's outstanding 2.000% senior secured notes due 2027. • The offering and tender offer closed and settled on January 22, 2026. • Q-Park, based in the Netherlands, operates a large portfolio of parking facilities across seven Western European countries.
Simpson Thacher represented Q-Park, a portfolio company of KKR and a leading parking infrastructure owner and operator in the Western European market, in connection with its 144A and Regulation S offering of €350,000,000 aggregate principal amount of 3.875% senior secured notes due 2031 and €300,000,000 aggregate principal amount of floating rate senior secured notes due 2031, and its concurrent tender offer for any and all outstanding 2.000% senior secured notes due 2027 (the “2027 Notes”) issued pursuant to Regulation S. The net proceeds from the offering were used to (i) purchase the 2027 Notes validly tendered and (ii) redeem by way of a satisfaction and discharge of all of the remaining 2027 Notes not purchased in the tender offer. The closing of the offering and settlement of the tender offer occurred on January 22, 2026. Headquartered in the Netherlands, Q-Park holds a large and diversified portfolio of owned, leased and managed parking facilities across seven Western European countries. The Simpson Thacher team included Carol Daniel, Claire Williams, Srishti Gupta, Charlie Wilson, Alessio D’ Alessandro, Busra Kakdas, Lampros Anastasopoulos and Alejandro Guillem Gallego (Finance and Capital Markets); and Jonathan Cantor and Preston Irace (Tax).
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Carol Daniel~~Claire Williams~~Srishti Gupta~~Alessio D'Alessandro~~Busra Kakdas~~Lampros Anastasopoulos~~Alejandro Gallego~~Jonathan Cantor~~Preston Irace
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