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PUTEAUX, France, July 04, 2022–(BUSINESS WIRE)–Regulatory Information:
ORPEA (Paris:ORP) has simply made a second drawdown of 650,000,000 euros. The quantities drawn within the first (250,000,000 euros) and the current drawdowns correspond to the totality of the A1 and A3 Loans (the traits of which had been described within the Press Launch of June 13, 2022).
The drawn funds will likely be used to finance and refinance basic company functions of the Group (together with, however not restricted to, debt service and capital expenditures) in addition to all of the charges, prices and bills owed beneath the Financing Settlement.
ORPEA reminds that it has granted the next safety pursuits to the lenders:
The corporate’s different principal obligations are set out within the press launch of 13 June.
Relating to the C Mortgage, amounting €1.5 billion most, the location of this line of credit score will initially happen with its principal banking companions. Relying on their degree of dedication to the ability, discussions will likely be prolonged to different collectors of the Firm.
The quantities of this financing remaining out there so far are strains A2, A4 and B for an quantity of roughly €829 million.
The Firm is subsequently persevering with with the execution of the financing settlement as envisaged and can proceed to tell the market on the following steps of its implementation, in compliance with its authorized and regulatory obligations.
About ORPEA (www.orpea-corp.com)
Based in 1989, ORPEA is without doubt one of the world leaders in Dependency care (nursing houses, assisted residing, post-acute and rehabilitation hospitals, psychological well being hospitals, dwelling care providers).
ORPEA is listed on Euronext Paris (ISIN code: FR0000184798) and is a member of the SBF 120, STOXX 600 Europe, MSCI Small Cap Europe and CAC Mid 60 indices.
View supply model on businesswire.com: https://www.businesswire.com/information/dwelling/20220704005407/en/
Contacts
Investor Relations
ORPEA
Benoit Lesieur
Investor Relations Director
b.lesieur@orpea.internet
Investor Relations
NewCap
Dusan Oresansky
+331 44 71 94 94
ORPEA@newcap.eu
Media Relations
Picture 7
Charlotte Le Barbier
+33 (0)6 78 37 27 60
clebarbier@image7.fr
Laurence Heilbronn
+33 (0)6 89 87 61 37
lheilbronn@image7.fr
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