NHP nursing home sale process back on track after High Court ruling against...
The prospective sale of NHP Group, the property company which owns 282 UK nursing homes valued at around £450m, is back on track after a High Court judgment published yesterday afternoon rejected...
View ArticleAnchorage Capital and Credit Suisse table 11th hour proposal to halt NHP sale
Anchorage Capital, the US private equity firm, yesterday afternoon published an 11th hour counter proposal to bondholders in a CMBS transaction secured by NHP Group’s 282-strong former Southern Cross...
View ArticleNHP class A bondholders reject Anchorage Capital and CS counter proposal
Anchorage Capital and Credit Suisse International’s joint 11th hour counter proposal to suspend the imminent sale of the NHP Group’s 282-strong former Southern Cross nursing homes has been rejected by...
View ArticleFormation Capital enters binding to acquire £478m former Southern Cross...
Formation Capital has entered into a binding agreement to acquire shares in the company, and all subsidiaries, which owns almost 300 former Southern Cross UK care homes for an all-cash £477.67m. The...
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