ORPEA S.A.: Convergence of the Company’s Main Banking Partners on the Principles of an Agreement on an Additional Financing and the Amendment of the June 2022 Financing Documentation
06 März 2023 - 08:00AM
Business Wire
Regulatory News:
ORPEA S.A. (The " Company ") (Paris:ORP) announces the
continuation of its financial restructuring within the planned
timetable and, as such, welcomes the convergence of its main
banking partners on the principles of an agreement concerning the
establishment of an additional financing and the adjustment of the
financing documentation of June 2022.
These banking partners intend to participate to the
implementation of this additional financing and to the amendment of
the financing documentation of June 2022 only within the framework
of the implementation of the plan proposed by the Company and in
particular in so far as the group of French long term investors led
by the Caisse des Dépôts et Consignations including CNP Assurances,
MAIF and MACSF, hold 50.2% of the capital of the Company.
The implementation and drawing of the additional financing, via
several tranches, partly in the form of a bridge, enabling the
Company's cash flow requirements to be met until the group led by
Caisse des Dépôts et Consignations acquires its majority stake in
the Company, remains conditional on obtaining the agreement of the
credit committees of the institutions concerned, the finalization
of the required contractual documentation, and certain steps of the
financial restructuring of the Company.
About ORPEA
ORPEA is a leading global player, expert in the care of all
types of frailty. The Group operates in 22 countries and covers
three core businesses: care for the elderly (nursing homes,
assisted living, home care), post-acute and rehabilitation care and
mental health care (specialized clinics). It has more than 72,000
employees and welcomes more than 255,000 patients and residents
each year.
https://www.orpea-group.com/
ORPEA is listed on Euronext Paris (ISIN: FR0000184798) and is a
member of the SBF 120, STOXX 600 Europe, MSCI Small Cap Europe and
CAC Mid 60 indices.
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Investor Relations ORPEA Benoit Lesieur Investor
Relations Director b.lesieur@orpea.net
Toll free tel. nb. for shareholders: +33 (0) 805 480
480
Investor Relations NewCap Dusan Oresansky Tel.:
+33 (0)1 44 71 94 94 ORPEA@newcap.eu
Media Relations ORPEA Isabelle Herrier-Naufle
Media Relations Director Tel.: +33 (0)7 70 29 53 74
i.herrier-naufle@orpea.net
Image 7 Charlotte Le Barbier Tel.: +33 (0)6 78 37 27 60
clebarbier@image7.fr
Laurence Heilbronn Tel.: +33 (0)6 89 87 61 37
lheilbronn@image7.fr
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