Dorea signs as lenders eye mid-market

Frankfurt adobe stock 230x150
By Mike Turner
27 Nov 2019

German nursing home firm Dorea has signed an €87m credit facility, as syndicated loan bankers say mid-market borrowers will become a bigger source of business in the coming year.

The facility is split between tranches of €67m and €20m, both with six year maturities. They will be used for future acquisitions and to refinance debt.

Crédit Agricole was the bookrunner and was joined in the mandated lead arranger group by DZ Bank, Deutsche Bank and IKB Deutsche Industriebank. ...

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