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

New liberty rules – a breath of fresh air?

By Caring Times editor GEOFF HODGSON

Good news that the Government intends to replace the Deprivation of Liberty Safeguards (DoLS) with a system to be called...

Now where did I put those spectacles?

By Caring Times editor GEOFF HODGSON

Last week, guest blogger John Burton touched on the management of dentures in care homes and used an extended toothy...

Missing teeth

By guest blogger JOHN BURTON

I know it’s an obsessional bad habit, but I watch the CQC Public Board Meetings every month. I believe that...