Primary Health Properties (PHP) has announced refinancing measures that enhance debt duration and significantly reduce the running cost of debt. Our forecasts for earnings and fully covered dividend growth are increased. Sustainability linked terms in the new debt facilities are a first for PHP and will potentially further reduce debt costs over time.
01 Nov 2021
Primary Health Properties - Refinancing enhances earnings/dividend outlook
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Primary Health Properties - Refinancing enhances earnings/dividend outlook
Primary Health Properties PLC (PHP:LON) | 93.6 0 0.0% | Mkt Cap: 1,251m
- Published:
01 Nov 2021 -
Author:
Martyn King -
Pages:
4
Primary Health Properties (PHP) has announced refinancing measures that enhance debt duration and significantly reduce the running cost of debt. Our forecasts for earnings and fully covered dividend growth are increased. Sustainability linked terms in the new debt facilities are a first for PHP and will potentially further reduce debt costs over time.