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Financing for a care home in Slovakia

Company profile:

The facility is a private specialist care home in Slovakia, comprising a residential care home, a day centre, care services and a specialist centre for patients with Alzheimer’s disease. The facility currently has 152 beds, and the company plans to expand by a further 134 places in response to the growing demand for elderly care services in Bratislava.

Purpose of the financing:

The funds were allocated to the conversion of a former training and hotel centre into a modern care home providing round-the-clock nursing care, complemented by a comfortable centre for patients with Alzheimer’s disease.

Transaction parameters

Country: Slovakia

Amount: EUR 5.3 million

Financing term: 3 years (repaid early)