IN BRIEF: Primary Health Properties lands GBP800 million in new loans
1st Jul 2026 08:50
Primary Health Properties PLC - London-based healthcare facility investor - Refinances existing debt facilities with a new term loan and revolving credit facility totalling GBP800 million. Says eight banks are involved in the new term loan and revolving credit facility. New facilities are on average 40 basis points cheaper than the existing ones, PHP says. Plans to initially draw GBP500 million, leaving GBP300 million of undrawn liquidity headroom. The drawdown will be used to repay other debt. Read More