Paul Hastings Represents GE Capital Markets Backing of Metropolitan Health Networks and Continucare Merger
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.
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