Login
Paragon Care completes approximate $180m refinancing
Listed medical equipment and supplies manufacturing company Paragon Care Limited has undertaken a refinancing to assist its ongoing business and expansion into Asia after its recent merger with the Quantum Group.
Jerome Doraisamy
Firm: King & Wood Mallesons (National Australia Bank and HSBC, as financiers to Paragon Care Limited)
The deal achieved financial close in March 2023.
Area: Baking and finance
Value: Approximately $180 million
Key players: The KWM team was led by partner Jonathan Oldham, who was supported by senior associate Stuart Alexander and solicitors Ivor Wong and Grace Lewis.
Deal significance: Mr Oldham said: “We are grateful for the opportunity to work with Paragon Care and the financiers on their successful refinancing. Following the merger of the Quantum Healthcare Group, the financing involved multiple sets of foreign counsel in south-east Asia and New Zealand and significant coordination across those jurisdictions.
“It is an exciting time for the Paragon Care business, and we look forward to seeing Paragon Care continue to grow and develop their business with the support of their financiers.”
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly. A former lawyer, he has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. He is also the host of all five shows under The Lawyers Weekly Podcast Network, and has overseen the brand's audio medium growth from 4,000 downloads per month to over 60,000 downloads per month, making The Lawyers Weekly Show the most popular industry-specific podcast in Australia. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of Minds Count.
You can email Jerome at:
