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Oceania Healthcare Extends Bank Facility Maturity, Welcomes New Lender

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Oceania Healthcare Extends Bank Facility Maturity, Welcomes New Lender

Oceania Healthcare Ltd. ( (AU:OCA) ) has shared an update.

Oceania Healthcare Ltd. has successfully extended the maturity of its bank debt facilities to three and five years, with a new lender joining the syndicate. This extension reflects strong market confidence in Oceania, maintaining a total limit of $500 million in bank facilities, which supports the company’s current and future development plans without requiring additional capital.

More about Oceania Healthcare Ltd.

Oceania Healthcare Ltd. operates in the healthcare industry, focusing on providing aged care and retirement village services in New Zealand. The company is known for its comprehensive care facilities and services tailored to the elderly population.

YTD Price Performance: -9.09%

Average Trading Volume: 1,852

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$437.2M

Learn more about OCA stock on TipRanks’ Stock Analysis page.

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