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
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.