PRICED: Median €575m, £300 TLBs for A&E; E+525/S+625

Deal priced. FTT from 8am UKT March 13.

• Borrowers: Median B.V., Remedco Ger B.V., Remedco UK Limited UK, Median Unternehmensgruppe B.V. & Co. KG
• Business: Specialist in mental health, specialist adult care and rehabilitation services in Germany, the UK and Spain
• Sponsor: Waterland
• UoP: Together with €25m equity injection and cash on balance sheet, amend and extend ~€605m TLB priced at E+492.5 and £250m TLB priced at S+592.5 that are due October 2027
• Ranking: Senior secured
• €575m TLB due October 2030
  • Final: E+525, 0.00%, 97
• £300m privately placed TLB due October 2030
  • Final: S+625, 0.00%
• Margin Ratchet: Subject to ...