Mobile Infrastructure Closes $100 Million Asset-Backed Securitization
Mobile Infrastructure (NASDAQ: BEEP) closed a $100 million asset-backed securitization on Oct 30, 2025, secured by 19 parking assets and carrying a BBB private letter rating.
The notes priced at a stated interest rate of 4.15% (ex‑OID), have an effective LTV of 39%, a legal maturity of 30 years and an expected repayment term of five years. Proceeds will repay approximately $84.4 million of near-term debt and extend expected maturities to 2030, enabling portfolio rotation, divestitures, and potential transitions of leased properties to management agreements.
Infrastruttura mobile (NASDAQ: BEEP) ha chiuso un securitization garantita da attività del valore di 100 milioni di dollari l'30 ottobre 2025, garantita da 19 asset di parcheggio e dotata di una valutazione privata BBB.
I titoli sono stati valorizzati a un tasso di interesse dichiarato del 4,15% (ex‑OID), hanno un LTV effettivo del 39%, una scadenza legale di 30 anni e una durata prevista di rimborso di cinque anni. I proventi serviranno a ripagare circa 84,4 milioni di dollari di debito a breve termine e ad estendere le scadenze attese fino al 2030, consentendo rotazione del portafoglio, cessioni e potenziali transizioni di proprietà locate a contratti di gestione.
Infraestructura Móvil (NASDAQ: BEEP) cerró una titulización respaldada por activos de 100 millones de dólares el 30 de octubre de 2025, asegurada por 19 activos de estacionamiento y con una calificación de carta privada BBB.
Las notas se valuaron a una tasa de interés nominal del 4,15% (ex‑OID), tienen un LTV efectivo del 39%, una madurez legal de 30 años y un plazo de reembolso esperado de cinco años. Los ingresos se destinarán a cancelar aproximadamente 84,4 millones de dólares de deuda a corto plazo y a ampliar las maturidades esperadas a 2030, lo que permitirá la rotación de la cartera, desinversiones y potenciales transiciones de propiedades arrendadas a acuerdos de gestión.
모바일 인프라(나스닥: BEEP)는 2025년 10월 30일 1억 달러의 자산담보부 증권화(AS)으로 마무리되었으며, 19개의 주차 자산으로 담보되며 BBB 비공개 등급을 보유합니다.
노트의 표면금리는 4.15% (OID 제외)이며, 실효 LTV는 39%, 법적 만기는 30년, 예상 상환 기간은 5년입니다. 조달금액은 단기부채 약 84.4백만 달러를 상환하고 기대 만기를 2030년까지 연장하여 포트폴리오 순환, 매각 및 임대 부동산의 관리계약으로의 잠재적 전환을 가능하게 할 것입니다.
Infrastructure Mobile (NASDAQ : BEEP) a conclu une titrisation adossée à des actifs d’un montant de 100 millions de dollars le 30 octobre 2025, garantie par 19 actifs de parking et portant une note privée BBB.
Les notes ont été émises à un taux d’intérêt déclaré de 4,15% (sous OID), présentent une LTV effective de 39%, une échéance légale de 30 ans et une durée de remboursement prévue de cinq ans. Les produits seront utilisés pour rembourser environ 84,4 millions de dollars de dette à court terme et étendre les échéances anticipées jusqu’en 2030, permettant la rotation du portefeuille, des cessions et des transitions potentielles des propriétés louées vers des accords de gestion.
Mobile Infrastruktur (NASDAQ: BEEP) hat am 30. Oktober 2025 eine 100 Millionen US-Dollar starke Asset-Backed-Securitization abgeschlossen, besichert durch 19 Park assets und mit einer BBB Privatbrief-Rating.
Die Notes notierten zu einem angegebenen Zinssatz von 4,15% (ex‑OID), haben eine effektive LTV von 39%, eine rechtliche Fälligkeit von 30 Jahren und eine erwartete Rückzahlungsdauer von fünf Jahren. Die Erlöse dienen der Rückzahlung von ca. 84,4 Millionen US-Dollar an kurzfristiger Verschuldung und verlängern voraussichtliche Laufzeiten bis 2030, was Portfoliorotation, Veräußerungen und potenzielle Übergänge der vermieteten Objekte zu Managementvereinbarungen ermöglicht.
البنية التحتية المتنقلة (ناسداك: BEEP) أغلقت إصدار سندات مدعومة بأصول بقيمة مئة مليون دولار في 30 أكتوبر 2025، مضمونة بواسطة 19 أصلًا للوقوف ومصحوبة بـ تصنيف رسالة خاصة BBB.
تم تسعير السندات بمعدل فائدة معلن قدره 4.15% (باستثناء OID)، ولديها نسبة قرض فعلية 39%، وأجل قانوني قدره 30 عامًا وفترة سداد متوقعة قدرها خمس سنوات. ستُستخدم العائدات لسداد نحو 84.4 مليون دولار من الدين قصير الأجل وتمديد آجال الاستحقاق المتوقعة حتى 2030، مما يتيح تدوير المحفظة، والتصرفات، والتحويل المحتمل للعقارات المؤجرة إلى اتفاقيات إدارة.
- Closed $100M ABS secured by 19 parking assets
- Notes carry a BBB private letter rating
- Proceeds repay ~$84.4M near-term debt, extending maturities to 2030
- Effective LTV 39% consistent with NAV methodology
- Company previously incurred and may continue to incur losses
- Transaction depends on accessing attractive financing terms going forward
- Ability to execute non-core divestiture strategy is not assured
Insights
Mobile Infrastructure closed a
The transaction converts
This structure improves liquidity by pushing expected debt repayments out to
- Financing Increases Capital Flexibility
- Facilitates Portfolio Optimization, Strategic Growth, and Extends Maturities
CINCINNATI, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Mobile Infrastructure Corporation (NASDAQ: BEEP) (“Mobile Infrastructure” or the “Company”), the nation’s only publicly traded owner of parking infrastructure, today announced the successful closing of a
The notes received a BBB private letter rating from a Big 3 nationally recognized rating organization and priced at a stated interest rate of
“Achieving an investment grade rating underscores the strength and long-term value of our portfolio. The rated ABS structure enhances our financial flexibility and provides a scalable framework for future growth. By completing this transaction and refinancing legacy CMBS debt, we have strengthened our balance sheet and advanced our strategy to divest non-core assets, repositioning the Company for a stronger growth trajectory,” said Stephanie Hogue, Chief Executive Officer of Mobile Infrastructure Corporation.
Proceeds from the transaction will be used to repay approximately
The Company’s Sole Structuring Advisor and Sole Placement Agent was Cantor Fitzgerald & Co. Davis Polk & Wardwell LLP and Venable LLP acted as legal counsel for the Company, and Orrick, Herrington & Sutcliffe LLP served as legal counsel for investors.
Forward-Looking Statements
Certain statements contained in this press release are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. All statements included in this press release that are not historical facts (including any statements concerning plans for the divestiture and acquisition of assets, and other plans and objectives of management for future operations or economic performance, or assumptions or forecasts related thereto) are forward-looking statements. Forward-looking statements are typically identified by the use of terms such as “may,” “should,” “expect,” “could,” “intend,” “plan,” “anticipate,” “estimate,” “believe,” “continue,” “predict,” “potential” or the negative of such terms and other comparable terminology.
The forward-looking statements included herein are based upon the Company’s current expectations, plans, estimates, assumptions and beliefs, which involve numerous risks and uncertainties. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company’s control. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, the actual results and performance could differ materially from those set forth in the forward-looking statements. Factors which could have a material adverse effect on operations and future prospects include, but are not limited to achievement of our non-core divestiture strategy, the fact that we previously incurred and may continue to incur losses, we may be unable to achieve our investment strategy or increase the value of our portfolio, our parking facilities face intense competition, which may adversely affect our revenues, we may not be able to access financing sources on attractive terms, or at all, which could adversely affect our ability to execute our business plan, and other risks and uncertainties discussed in the sections titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” included in the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, filed with the Securities and Exchange Committee from time to time.
Any of the assumptions underlying the forward-looking statements included herein could be inaccurate, and undue reliance should not be placed upon any forward-looking statements included herein. All forward-looking statements are made as of the date of this press release, and the risk that actual results will differ materially from the expectations expressed herein will increase with the passage of time. Except as otherwise required by the federal securities laws, the Company undertakes no obligation to publicly update or revise any forward-looking statements made after the date of this press release, whether as a result of new information, future events, changed circumstances or any other reason. In light of the significant uncertainties inherent in the forward-looking statements included in this press release, the inclusion of such forward-looking statements should not be regarded as a representation by us or any other person that the objectives and plans set forth in this press release will be achieved.
About Mobile Infrastructure Corporation
Mobile Infrastructure Corporation (NASDAQ: BEEP) is a Maryland corporation that owns and operates a diversified portfolio of parking facilities across the United States. As of September 30, 2025, the Company owned 40 parking facilities in 20 markets with approximately 15,100 parking spaces and over 5 million square feet of real estate. Mobile Infrastructure provides investors access to the future of urban mobility by repositioning parking assets as critical components of transportation infrastructure.
Investor Relations Contact:
David Gold
Lynn Morgan
beepir@advisiry.com
212-750-5800
FAQ
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