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.”