Estia Health Limited
(ASX:EHE) has refinanced its debt facility as it moves to pursue more deals.
The residential aged care operator has extended an existing term facility by 12 months on more favourable terms.
Estia has also introduced a $150 million accordion facility to fund the pipeline of future aged care acquisition and organic development opportunities.
CEO Paul Gregersen says following a strong operating performance last year the company is now focused on maintaining the pace in the year ahead.
Estia Health reported a net loss of $32.79 million in the first half of the 2015 financial year.
