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Elli Finance (UK) and H/2 Capital Partners extend facility timeline
By Caroline Salls
Pittsburgh, March 5 – Elli Finance (UK) plc and H/2 Capital Partners agreed to an amendment to a Feb. 8 commitment letter that extends the long-stop date for execution of a £70 million super senior facility agreement to be provided by H/2, according to an Elli news release.
Specifically, the long-stop date was extended to March 9 from March 2 and the date for closing of the facility to March 14 from March 7.
In addition, Elli and H/2 agreed to an amendment to their existing standstill and deferral agreement to reflect the amendments to the commitment letter.
Wilmslow, U.K.-based Elli Finance operates health care facilities in the United Kingdom through its subsidiaries.
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