Financial informations

After renegotiating its syndicated debt in April 2021 with a TLB linked to its ESG performance and issuing a Euro PP in December 2021, Ramsay Santé is pursuing its refinancing and sustainable commitment dynamic.

Immobilière de Santé, the main holding company for the equity and/or real estate assets of Ramsay Santé,  leader in private hospitalization and primary care in Europe, has entered into an additional loan agreement (Tranche 3) for a principal amount of €150 million. Arranged by Natixis (advised by CMS Francis Lefebvre Avocats), the transaction was supported by a pool of lenders composed of various entities of Groupe BPCE, La Banque Postale and BPIFRANCE.

This long-term financing, which is intended to finance the general needs of Immobilière de Santé and the Ramsay Santé group, is backed by a *fiducie sureté covering the shares of real estate subsidiaries holding the buildings of 6 private hospitals or clinics, for which Natixis is the trustee.

This reloading of our real estate financing vehicle is fully in line with the sustainable development strategy of the Ramsay Santé group on three levels:

• To diversify and extend the average maturity of its debt at an attractive financing rate in a financial market environment that is currently particularly constrained,
• To continue with the group's strategy of developing our real estate assets, while having a better balance sheet correlation between the asset and liability items of the Ramsay Santé group,
• Continue the efforts of the Group's CSR strategy, which includes an ambitious environmental responsibility component.

*The trust contract allows a person called the "settlor" to transfer all types of present or future assets into a "trust estate", which will be managed by a third party, "the trustee", independently of his own estate, for the benefit of a third person, called "the beneficiary", for a fixed period of time.
In a security trust, the assets placed in trust are used to secure financing.