HC-One to sell off 70 homes to reduce £200m debt

HC-One is to sell off around 70 homes under a sale-and-leaseback arrangement to pay off £200m of debt. The care home provider has appointed CBRE and Gleacher Shacklock to facilitate the deal, which is designed to strengthen HC-One’s balance sheet. A spokesman for HC-One said: ‘All the proceeds will go towards reducing our debt and…

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