Medisolve refinances debt with Barings, Deutsche Bank bond and revolving loan
What's the deal? MedisolveDealroom has a profile for this one. Try Dealroom →, the H.I.G. CapitalDealroom has a profile for this one. Try Dealroom →-owned clinical engineering services provider also known as Polygon, has closed a debt financing backed by Barings and Deutsche Bank. The package combines a private placement bond issue with a new super senior multi-currency revolving credit facility.
Why now? The deal refinances the group's existing credit lines and raises fresh capital to fund upcoming development projects.
Who advised? Latham & WatkinsDealroom has a profile for this one. Try Dealroom → advised H.I.G. Capital and Medisolve, with teams led by partners Marcello Bragliani and Alessia De Coppi, plus capital markets support from counsel Federico Amoroso. Ropes & GrayDealroom has a profile for this one. Try Dealroom → covered corporate, regulatory, and foreign direct investment matters, while Maisto e AssociatiDealroom has a profile for this one. Try Dealroom → handled Italian tax. Mediobanca acted as debt advisor.
On the other side: Hogan LovellsDealroom has a profile for this one. Try Dealroom → and CadwaladerDealroom has a profile for this one. Try Dealroom → advised the subscribing funds and lenders behind the revolving facility, with partners Iacopo Canino and Bianca Caruso leading, alongside English and Luxembourg law teams.
The signal: The structure — pairing a private placement with a revolving line from Barings and Deutsche Bank — points to continued appetite from private credit and bank lenders for established, sponsor-backed healthcare services businesses.
Read more: legalcommunity.it
Image credit: Muffet