Australia: HealthCo HCW REIT issues A$650m IPO and takes out A$400m loan

HealthCo Healthcare and Wellness has issued A$650m (US$478m) of new fully underwritten units that will be listed on ASX. The REIT has also received credit approval for a A$400m senior debt facility from as yet disclosed banks. The REIT, which will have a net cash position and over A$300m of investment capacity, is well placed…