Friday July 25, 08:18 AM
Southern Cross Healthcare trading in line
LONDON (ShareCast) - Care home group Southern Cross Healthcare (LSE: SCHE.L - news) said it has extended its loan facilities and added
that overall trading remains in line with expectations.The group said it has continued to work closely with its banking syndicate and agreed an extension of current loan facilities until 30 October 2008. "This extension will allow the group time to progress further the planned sale of certain of its property assets and to continue discussions with the syndicate regarding the group's longer term financing," it said.
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