Erste Group Provided Financing for Hospital in Warsaw

Published: July 15, 2011; 13:46 · (Vindobona)

The € 32m acquisition financing is the first private hospital financing in CEE of that size which has been closed by Erste Group and also a first in Poland for the bank.

Erste Group Provided Financing for Hospital in Warsaw / Picture: © Erste Group / Christian Wind

Erste Group announced that it has originated, structured and ultimately provided debt financing for the acquisition of the shares in Medicover Property & Development Sp z o.o., the owner of Medicover Hospital in Warsaw, by Luxembourg based Celox Group. The Medicover Hospital is the most strategic asset in Medicover’s expanding portfolio of health care operations in Poland. The…

This article includes a total of 230 words.

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