Elli Finance (UK) and H/2 Capital Partners extend facility timeline

By Caroline Salls

Pittsburgh, March 9 – 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 13 from March 9 and the date for closing of the facility to March 16 from March 14.

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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