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)