Restructuring talks between Four Seasons Healthcare and H/2 Capital Partners, who own most of Four Seasons’ bond debt, have been extended to allow more time for a deal.

The deadline, which expired yesterday (Monday), will now be 15 May, with the deal to be concluded by 31 July.

In February, H/2 Capital Partners loaned Four Seasons up to £70m to help the struggling care home operator stabilise its operations.