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Press Release

White & Case Advises on Cano Health, LLC’s US$300 Million Notes Issuance and US$100 Million Incremental Term Loan

Global law firm White & Case LLP has advised Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. LLC, as bookrunners and initial purchasers, on Cano Health, LLC's inaugural high-yield debt issuance of US$300 million of 6.250% senior notes due 2028. The Firm also represented Credit Suisse and Morgan Stanley, as lead arrangers, on Cano Health's concurrent US$100 million incremental term loan.

Cano Health is one of the largest independent primary care physician groups in the United States. It operates value-based primary care medical centers and supports affiliated medical practices that specialize in primary care for seniors in Florida, Texas, Nevada, New York, New Jersey, New Mexico and Puerto Rico, with additional markets in development. 

The White & Case team was led by partners Daniel Nam, Rafael Roberti and David Ridley and included counsel Kerrick Seay and associates Jake Lee (all in New York) and Fangzhou Ying (Hong Kong). The team was also assisted by law clerk Biddy Fraga (New York). 

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