Grupo Hospitalario Recoletas gets €110 million refi deal from H.I.G.

By Devika Patel

Knoxville, Tenn., July 23 – Grupo Hospitalario Recoletas obtained a refinancing package through H.I.G. WhiteHorse, according to a press release from the lender, a credit affiliate of global investment firm H.I.G. Capital.

H.I.G. WhiteHorse has committed €110 million in uni-tranche loans to refinance the Recoletas’ existing debt and provide additional capital to finance growth, supporting the company’s expansion.

Recoletas is currently developing projects to expand its healthcare services provided through hospitals and medical centers, as well as diagnostic imaging centers and radiotherapy units.

Recoletas is a family-owned Spanish private hospital operator headquartered in Valladolid, Spain.

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