Gleiss Lutz has advised the senior lenders group on the financial restructuring of nursing care company Alloheim. With 22,000 employees and 256 facilities, Alloheim is one of the largest providers of private care in Germany.
Swedish private equity investor Nordic Capital has owned Alloheim since 2018. High-volume loans amounting to approx. EUR 900 million have been renegotiated for a further three-year term.
The first lien lenders were advised by the following team of Gleiss Lutz lawyers: Dr. Christian Halàsz (lead, partner, Banking and Finance/Restructuring, Frankfurt/London), Dr. Stefan Mayer (partner), Dr. Dominik Monz (both Tax, Frankfurt), Friedrich Schlott (counsel, Restructuring, Düsseldorf), Dr. Jan-Alexander Lange (counsel, Banking and Finance, Frankfurt), Benjamin Malz (Restructuring, London).
An Akin Gump team led by Liz Osborne advised on UK and US law.
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