Major UK care provider receives £70m lifeline loan

13th February 2018

Four Seasons Health Care, one of Britain’s largest care home operators, has been given a £70m lifeline to keep services running in the face of a deteriorating financial situation.

The company, which runs around 300 homes across the country, has an estimated net debt of more than £500m and has been struggling in the face of the rising social care crisis.

Last week, H/2 Capital Partners, a US-based hedge fund, has offered an increased loan of £70m to keep Four Seasons afloat – nearly double the original loan it was offered last year.

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