Dechert Advises Cheyne Capital on the Financing of the Acquisition of Nursing Home Portfolio for €120 Million

Dechert advised Cheyne Capital on the financing to an investment vehicle managed by LeadCrest Capital Partners for the sale-and-leaseback acquisition of a portfolio of 13 nursing homes (EHPADs) located in France, for a total consideration of €120 million.

The Dechert team that advised Cheyne Capital included, for the financing aspects, partner Privat Vigand with associates Chloé Lebret and Julie Lecomte in Paris; partner Laura Rossi and associate Thomas Tomasic in Luxembourg; and partners Richard Pugh and Karen Stretch, with associate Mohib Nadeem in London. The tax and funds aspects were handled in Paris by partners Sabina Comis and Cyril Fiat with associate Etienne Bimbeau.

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For more than 150 years, we have advised clients on critical issues - from high-stakes litigation to first-in-market transaction structures and complex regulatory matters. Our nearly 1,000 lawyers in commercial centers worldwide are immersed in the key sectors we serve - financial services, private capital, real estate, life sciences and technology.

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Dechert's Paris office is a key component of the firm's strategy in Europe and is active in antitrust/competition and European law, corporate/M&A, financial services & asset management, financing, intellectual property, labor and employment, litigation and compliance, regulatory and tax.