January 2024

Radius Completes $19m Sale of Facility, Reduces Debt

17 January 2024 Radius Care (NZX: RAD) has completed the previously announced sale of the Arran Court care home, located in Te Atatu, Auckland. Net sale proceeds of $18.3m have been applied to repay existing ASB borrowings. Radius Care also announces that the ASB has agreed to amend the expiry date of the remaining $4.7m short term borrowings from 31 January 2024 to 1 November 2026, for...

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