by Simon Arkell
6 September 2022
We’re delighted to have acted for one of the UK’s leading high street commercial banks on the debt financing arrangements across a group of care homes situated in England.
The transaction included a £14m secured term loan as part of a property investment across 7 sites along with a sophisticated security package, plus ancillary facilities for the group’s day-to-day financing requirements including overdraft, credit card and BACS facilities.
The team that led the transaction consisted of Sean Halliwell, Nardip Bhamra and Daniel Webb from our Banking & Finance team.
“We’re privileged to have acted on the transaction and it has been a further testament to our ongoing work across the Healthcare sector.”
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