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Article: AUSTRALIA'S AFFINITY HEALTH ANNOUNCES US$93 MLN NOTE ISSUE.
- Article from:
- AsiaPulse News
- Article date:
- March 4, 2004
CopyrightCOPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MELBOURNE, March 4 Asia Pulse - Affinity Health Ltd, Australia's largest private hospital operator, today lodged a prospectus outlining its intention to raise a minimum of A$125 million (US$93.8 million) through an issue of secured notes at A$100 each.
The proceeds will refinance the bridging loan Affinity used to help finance its purchase in December 2003 of Mayne Group Ltd's hospital portfolio.
Affinity Health managing director Robert Cooke said the company would apply for the secured notes to be quoted on the Australian Stock Exchange.
The issue is underwritten by CSFB and ANZ.
Affinity Health and its affiliated entities were formed ...