Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 03-04-2013 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | Spire Healthcare Group Hospital Sale-and-Leaseback | Industry: | Healthcare Equipment & Services |
| Description: |
Leading offshore law firm, Mourant Ozannes, has provided Jersey advice to a consortium of investors on the GBP700m sale-and-leaseback of a portfolio of 12 UK private hospitals from the Spire Healthcare Group.
Spire is the second largest private hospital provider in the UK and runs hospitals across the country. The consortium of investors comprises Malaysia's Employees Provident Fund, affiliated investment funds of Och-Ziff Capital Management Group and Moor Park Capital Partners.
The aggregate price for the acquisition was GBP700 million including debt finance provided by Standard Chartered Bank. The acquired hospitals are to be leased back to Spire Healthcare Group operating under long leases.
The main Jersey transaction team was led by partners, Joel Hernandez and James Hill and assisted by senior lawyers, Kerill O'Shaughnessy, John Rochester, Jon Woolrich and associate, Matt Satchell.
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| Financial Center: | Jersey | Value: | 500.01-1000.00 |
| Advised Party: | Lender | Law Firm | Mourant Ozannes |
| Real Estate Jurisdiction | United Kingdom | Real Estate Jurisdiction | United Kingdom |
| Classification: |
Real Estate Finance Healthcare Facilities |
Lawyer | James Hill |
