Press Release

Kirkland Advised Bain Capital Private Equity and Cinven on New Term Loan Facility for STADA

Kirkland & Ellis advised Bain Capital Private Equity and Cinven, through their portfolio company Nidda Heathcare, in connection with the establishment of a €250 million equivalent new additional term facility under its existing senior credit facility agreement. The proceeds of the new facility were used for the redemption of the fixed rate senior secured notes issued by Nidda Healthcare due 2024 and the payment of fees and expenses payable in connection with the new facility. 

The Kirkland team was led by capital market partner Matthew Merkle, finance partner Neel Sachdev and capital markets partner Michael Taufner, together with debt finance associates Marco Bagnato and Marina Fatsis and capital markets associate Brando Cremona.