Care home giant Four Seasons in talks with bondholders

Care home giant Four Seasons in talks with bondholders

August 24, 2016


Healthcare expert, Gill Plimmer has looked at the latest financials from one of the UK’s leading care home operators in today’s Financial Times, Four Seasons which has just posted a pre-tax loss of £25m for the three months to June 2016.

Our Business Risk Adviser, Nick Hood commented:

“This is a business that is drowning in debt, nowhere near covering the interest burden and will need the mother of all restructurings very soon.” 

 

Click here to read the full article

Related News

Devaluation in a formal insolvency – the impact of costs

March 16, 2023

Read more

Categories: Business Advisory, Group, Restructuring & Insolvency

The best way forward when struggling to repay a Bounce Back Loan

March 9, 2023

Read more

Categories: Business Advisory, Group, Restructuring & Insolvency

Categories

Previous Articles