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John Scheid and Ryan Shupe Help Not-For-Profit Healthcare Client Obtain Secured Financing


Pretzel & Stouffer attorneys, John Scheid and Ryan Shupe, recently assisted a not-for-profit corporate client in the healthcare industry to obtain more than $20 million in secured financing for its acquisition of several subsidiary businesses. This financing deal involved in-depth analysis, drafting, and negotiation of numerous loan, security, and guaranty agreements and other supporting documentation on a strict timeline. John and Ryan worked diligently with their client, the attorneys for the bank, and several third-party entities to secure the necessary financing at terms that advanced the client’s short and long-term interests. John’s and Ryan’s efforts allowed the client to obtain the capital it needed to expand its business and advance its philanthropic mission in the greater Chicago community.

January 2020