Login

Four Seasons Health Care agrees £70m creditor lifeline

The Four Seasons Health Care care home chain has secured a £70m loan from its hedge fund lender H/2 Capital Partners, giving it critical breathing space as it seeks to agree a restructuring by end of March.
CoStar News
February 9, 2018 | 2:23 P.M.

The agreement will see an increase in Four Seasons' term loan from £40m to £70m, while the interest rate is reduced from Libor plus 6% to Libor plus 3.75%.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In