GLAS supports €3.15bn liability management and refinancing for Emeis
GLAS is pleased to announce the successful completion of a €3.15 billion liability management and refinancing transaction for Emeis.
The GLAS team in Paris acted as Facility Agent, Security Agent, Calculation Agent and Administrative Agent across the loan and bond instruments, ensuring a seamless closing of this complex, multi‑layered structure.
The transaction enables the early repayment of approximately €2.9 billion of existing loans and positions the Group to request an early exit from its accelerated safeguard plan, significantly strengthening Emeis’ financial position and long‑term resilience.
This refinancing marks a critical step in supporting Emeis’ mission‑driven strategy, bolstering operational flexibility and reinforcing confidence among its stakeholders across numerous geographies.
About Emeis
Emeis is a leading international operator in healthcare, nursing, and support services for vulnerable populations, employing nearly 83,500 healthcare professionals across approximately 20 countries.
The group’s expertise spans five core areas: psychiatric clinics, medical and rehabilitation clinics, nursing homes, home care and services, and assisted living facilities.
Each year, Emeis supports nearly 280,000 residents, patients, and beneficiaries. In June 2025, the Group reaffirmed its commitment to responsible and sustainable care by becoming a mission‑driven company.
About GLAS
GLAS was established in 2011 as an independent provider of institutional debt administration services. The company was originally created to provide the market a willing participant in complex loan restructuring transactions where many large institutions are reluctant to take swift and cooperative action. It offers a wide range of administration services developed specifically for the debt market.
GLAS is recognised as the premier independent, non-creditor, conflict-free provider of loan agency and bond trustee services, with excess of $850bn of assets under administration on a daily basis. For more information, contact media@glas.agency.
