France: CVC secures portability on Elsan debt

The financial future Elsan is rosier after its owner, British private equity firm CVC Capital Partners, secured portability on France’s second largest private hospital operator’s €1.6bn (US$1.8bn) debt. A change in ownership usually triggers a repayment on all loans. The two-year portability means that the management of Elsan can remain focused on the business, and…

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