Houlihan Lokey Advises Schön Klinik SE

Houlihan Lokey is pleased to announce that Schön Klinik SE has repriced its existing €685 million Term Loan B and priced a fungible €250 million add-on, used exclusively for refinancing purposes of existing financial liabilities. The transaction closed in June 2026 and marks the fourth consecutive mandate in which Houlihan Lokey has supported Schön Klinik on strategic financing initiatives.

Schön Klinik is among Germany’s top four private hospital groups, holding a leading position in mental health care with a strong footprint in somatic medicine. Founded in 1985 and headquartered in Munich, the company is dedicated to delivering outstanding medical care while maintaining financial strength. Schön Klinik operates on the principle that superior medical quality drives patient demand, supporting sustainable growth and financial stability.

Schön Klinik operates a highly attractive portfolio of 15 hospitals and 47 outpatient and day-clinic facilities across Germany, with a focus on mental health, somatic care, rehabilitation, and outpatient services. Its facilities hold regional leadership positions, reflected in high patient satisfaction. Owning all its hospital sites, the company maintains a strong asset base with a well-invested real estate portfolio in premium locations. The company is fully owned by the founding Schön family.

In June 2026, supported by strong financial performance and favorable market conditions, Schön Klinik secured a €250 million fungible add-on to its existing €685 million Term Loan B, with proceeds used to refinance existing financial liabilities. As part of the transaction, the company managed to reduce the margin of the whole facility by 25bps, achieving a further reduction of its cost of debt.

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