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Spire Healthcare Group PLC on Friday said it has refinanced its existing bank funding facilities, which were due to expire in July 2023.
The London-based private healthcare provider previously had a senior loan facility of GBP425 million and an undrawn revolving credit facility of GBP100 million.
The senior loan facility has paid down by GBP100 million, allowing for a new arrangement with nine banks comprising a GBP325 million senior loan facility, and the GBP100 million RCF until February 2026, including an option to extend for one year.
Shares in Spire Healthcare were up 0.4% at 215.90 pence on Friday in London.
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