"Springcare Secures £20m Refinancing Deal to Enhance Care Services Across the Midlands and North West"

"Springcare, a care group operating over 30 nursing homes across the Midlands and North West, has secured a refinancing deal exceeding £20 million with Punjab National Bank, facilitated by RWK Goodman. This financing will enable Springcare to restructure its finances and invest in the expansion of its services, ensuring the delivery of high-quality care. The deal marks a significant milestone for Springcare in its mission to enhance care and support for its residents."

**Law Firms Involved in the Transaction:** RWK Goodman advised Springcare on the refinancing deal, while Bevan Brittan acted on behalf of Punjab National Bank, with additional support from A T Commercial Finance and Colliers. **Transaction Overview:** Springcare, a care group operating over 30 care and nursing homes across the Midlands and North West, successfully completed a refinancing deal exceeding £20 million with Punjab National Bank. This deal will facilitate the restructuring of existing finances and enable long-term reinvestment and expansion within the care group, supporting their mission to deliver high-quality care. **Lawyers Involved:** From RWK Goodman: - Bharti Moore (Partner, Banking & Finance) - Vijay Ladhani (Senior Associate, Banking & Finance) - Giles Tidy (Solicitor, Corporate) - Rob Walton (Partner, Real Estate) - Layla Banfield (Associate, Real Estate) From Bevan Brittan, specific names were not provided in the press release.

"Springcare Secures £20m Refinancing Deal to Enhance Care Services Across the Midlands and North West"

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