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Assura PLC
Capital/Financing Update • Jul 29, 2021
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Capital/Financing Update
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National Storage Mechanism | Additional information 
RNS Number : 8332G
Assura PLC
29 July 2021
29 July 2021
Assura plc
Reduction of Revolving Credit Facility ("RCF")
Assura plc ("Assura"), the leading primary care property investor and developer, today announces that it has given notice under its Revolving Credit Facility ("RCF") agreement to voluntarily cancel £100 million of the existing £225 million facility which runs to November 2024.
Following the cancellation, the RCF will stand at £125 million and is currently undrawn.
Jayne Cottam, Chief Financial Officer, commented:
"Our recent successful Sustainability and Social Bond issuances have demonstrated the range of debt markets that Assura can now access, reflecting the strength of our business model, our balance sheet and our A- rating from Fitch.
"We have therefore taken the opportunity to further reduce our revolving credit facility to £125 million in order to improve the efficiency of our funding profile.
"We are grateful to the banks and all our lenders for their continuing, flexible support."
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For more information, please contact:
| Assura plc Jayne Cottam, CFODavid Purcell, Head of Investor Relations |
Tel: 01925 420680 Email: [email protected] |
| Finsbury Gordon Simpson James Thompson |
Tel: 0207 251 3801 Email: [email protected] |
Notes to Editors
Assura plc, a constituent of the FTSE 250 and the EPRA* indices, is a UK REIT and long-term investor in and developer of primary care property. The company, headquartered in Warrington, works with GPs, health professionals and the NHS to create outstanding spaces for health services in our communities. At 31 March 2021, Assura's property portfolio was valued at £2,453 million.
Further information is available at www.assuraplc.com
*EPRA is a registered trademark of the European Public Real Estate Association.
Assura plc LEI code: 21380026T19N2Y52XF72
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