Craegmoor Healthcare refinances

Posted on July 1st, by editor in Caring Times. No Comments

Major provider Craegmoor Healthcare has refinanced its whole business with a £255m bank facility arranged by the Bank of Scotland. Craegmoor says the signing of the new facility will provide it with a strong capital base which substantially reduces the company’s ongoing financial obligations and provide greater flexibility to move to the next stage of its development.

The refinancing was completed in spite of adverse market conditions reflecting, among other factors, Craegmoor’s strong and improving operating performance. Rothschild acted

Comments are closed.

Latest blog posts

A flight of festive fancy

By Caring Times editor GEOFF HODGSON

Christmas Past: It’s cold outside but inside the care home the star atop the tree beams its rays of hope...

Some failures are inevitable

By Caring Times editor GEOFF HODGSON

There’s a lot of speculation as to the near-term future of Four Seasons Health Care: as to if it will...

Some things cannot be ignored

By Caring Times editor GEOFF HODGSON

What do we take away from the Competition and Markets Authority’s final report on the care homes sector? I think...