Healthscope repays $690m hospital debt

Company News

by Rachael Jones

Healthscope (ASX:HSO) today announced that the $690 million Northern Beaches Hospital project finance debt facility has been repaid in full.

The repayment was funded by the NSW State Capital Payment received from the NSW Government in accordance with the Project Deed.

That was their payment for its share of the capital cost of Northern Beaches Hospital in Sydney.

Proceeds from the divestment of the Asian Pathology business was also used to pay off the debt.

Shares in Healthscope (ASX:HSO) are up 0.22 per cent to $2.29

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