Latham & Watkins Advises Colisée Group on Financial Restructuring

Latham & Watkins advised Colisée Group, Europe’s fourth-largest elderly care provider, in its financial restructuring. The transaction is based on an agreement in principle, endorsed by nearly all TLB and RCF senior creditors, to provide approximately €285 million of new financing, materially reduce the Group’s net debt and extend the maturity of its senior debt to the latter half of 2031. Banks have also agreed to renew the bilateral lines and banking facilities extended to the Group’s operating companies. The restructuring contemplates the conversion of a substantial portion of the company’s senior debt, amounting to approximately €680 million, into equity, resulting in a change in shareholder structure whereby the consenting lenders will become the new shareholders. A new supervisory board will be established to ensure governance stability. Completion of the consensual financial restructuring, through implementation of the ratified agreements in principle, is anticipated in April 2026. This will follow accelerated safeguard proceedings requested to commence on 8 December 2025, which are intended to ensure the legal and technical implementation of the restructuring, together with conciliation procedures to facilitate bilateral debt renegotiations. Latham & Watkins has supported and will continue to support Colisée Group throughout this process. Latham & Watkins represented client Colisée Group with a team composed by: Restructuring & Special Situations partners Alexandra Bigot (Paris) and Thomas Doyen (Paris) who led the team; London Restructuring & Special Situations partners Bruce Bell and Jack Isaacs; Paris associates Hugo Bodkin, Lucas Lo Cascio and Noufissa Bennis Nechba; and London associate Mustafa Rehman. On finance matters: London partner Dominic Newcomb; Paris partner Lionel Dechmann; London counsel Julia Stapelfeld; Paris counsel Aurélie Buchinet; London associates Tamryn Gallagher, Yuecheng (Liam) Feng, Corrie Eames, Vanessa Ho and George Stamp; and Paris associates Aurélien Lorenzi and Hugo Rivière. On capital markets matters: London partner Jennifer Engelhardt; Paris partner Roberto Reyes Gaskin; and London associate Alex Despotovic. On corporate matters: Paris partner Simon Lange; and Paris associates Juliette Gilioli and Floriane Ying. On tax matters: Paris partner Estelle Philippi; and Paris associates Jean-Baptiste Bourbier and Margot Legent. On healthcare and life sciences regulatory matters: Paris partner Eveline Van Keymeulen; and Paris associate Grégoire Paquet.

Latham & Watkins Advises Colisée Group on Financial Restructuring

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads