Global law firm White & Case LLP has advised Deutsche Bank AG, as arranger, on the financing of Maternus-Kliniken AG and its majority shareholder Cura Kurkliniken Seniorenwohn- und Pflegeheime GmbH.
The €114 million financing consists of senior and junior tranches and is secured by first and second ranking land charges over a number of care facilities in Germany. It ensures five-year financing certainty for Maternus-Kliniken and Cura Kurkliniken, following the conclusion of refinancing discussions that began in 2013.
The Cura group is a Berlin-based private provider of healthcare services.
The White & Case team in Frankfurt which advised on the transaction was led by partner Thomas Flatten with support from local partners Michael Rützel and Daniel Baierlein and associates Charlotte Kreuzberg, Mareile Müller-Felsch, Juliane Holl and Friederike Göring.
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