New York, NY (June 27, 2011)- Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the firm represented GE Capital Markets as the sole book runner and sole lead arranger for the debt financing of Metropolitan Health Networks acquisition of Continucare Corporation.
Metropolitan Health is acquiring Continucare in a cash and stock transaction set to close in third quarter of 2011. To back the deal, Metropolitan Health will use $93 million in cash and has secured a fully underwritten $355 million financing commitment from General Electric Capital Corporation.
Finance partner Chris Molen
led the Paul Hastings team, which included Corporate partner Elizabeth Noe
and associates Josh Hill
and Roger Mitchell
Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.