IMAP is pleased to announce that Portuguese Healthcare Group José de Mello Saúde, S.A. closed a bond issue of €50 million. The new bonds have a maturity date scheduled for 2027 and a floating interest rate corresponding to 6-month Euribor (floor zero), plus a margin of 3.875% per year.
With this bond loan, José de Mello Saúde proceeds with its financial strategy focused on the reduction of its refinancing risk, taking advantage of the current market conditions to extend its debt maturity profile.
José de Mello Saúde has been a leader in the Portuguese Health sector for over 70 years. The group currently manages 9 hospitals (2 of them in public-private partnerships), 1 institute and 6 clinics.
Banco Invest, S.A. (Invest Corporate Finance – IMAP Portugal) and Haitong Bank acted as Joint Lead Managers and Bookrunners. This is the second bond issue that Banco Invest has overseen on behalf of José de Mello Saúde this year.
With more than 20 years of track record, Szkaliczki has grown into a dominant player in the field of logistics tray manufacturing, supplying the automotive and electronics industries.
Last weekend, IMAP colleagues from all over the world were due to congregate in Denver, Colorado, for a conference planned for many months, where deals, learning, and friendships would be developed and shaped. Even a month ago when the difficult decision was made to cancel the event, none of us could have foreseen the speed and scale of events that have occurred since.
