Clifford Chance has advised SEB AG on a syndicated loan by SEB AG and IKB Deutsche Industriebank AG for the financing of the acquisition of MEDIAN Kliniken by Waterland Private Equity.

MEDIAN Kliniken is a German clinic operator with medical specialisms in neurological, cardiological, psychosomatic and orthopaedic rehabilitation. The group consists of 45 hospitals across Germany with more than 9,000 beds and around 7,500 employees.

The Clifford Chance team was led by partner Dr. Bettina Steinhauer and included senior associates Andreas Seip and Isabel van Bremen (all Banking & Capital Markets, Frankfurt). In addition, lawyers from the Clifford Chance offices in Luxembourg and the Netherlands were involved.

Clifford Chance's acquisition and corporate finance team is one of the leading advisors in Germany. Their clients include banks, Private Equity investors as well as listed and family-owned companies whom they advise on national and international transactions in the area of acquisition and corporate finance, restructuring and funding the take-over of listed companies (also with regard to public-to-private transactions). The German practice in Düsseldorf, Frankfurt and Munich comprises of five partners, two counsels as well as associates and transaction lawyers and advises on both, German and English law aspects.