Assura has announced that, following its recent equity raise, it has repaid £181m of long term debt held by Aviva Commercial Finance, with associated early repayment costs of £34m. The weighted average interest rate on the loans redeemed was 5.4%. This repayment is in line with the debt reduction plan announced in the company’s prospectus dated 24 September 2015. Following the repayment, gross debt will be £330m; a reduction of 36% since 31 March 2015.
Assura repays £181m of long term debt : AGR