Medicover raises EUR 277 million with inaugural social financing schuldschein loan
Medicover has successfully carried out its second Schuldschein issue (a German private placement debt instrument) under its newly established Social Financing Framework, with a total of EUR 277 million in Euro-denominated tranches with maturities of 5.5, 7.5 and 10 years, at fixed and floating rates. The issue was upscaled from the initially offered EUR 100 million due to strong demand from investors. This transaction represents the largest social financing Schuldschein. With this transaction, Medicover was able to diversify its sources of financing and also attract returning as well as