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Elli: Four Seasons, H/2 standstill amended; forbearance date extended
By Caroline Salls
Pittsburgh, Aug. 1 – Elli Finance (UK) plc and Elli Investments Ltd. (collectively, Four Seasons) announced Wednesday that a standstill and deferral agreement between Four Seasons and H/2 Capital Partners has been amended, and a related forbearance period has been extended to Aug. 31.
According to a news release, the amendment calls for the appointment of restructuring implementation officer Martin Healy to the boards of directors of some of the key Four Seasons holding companies.
Four Seasons is a Wilmslow, England-based care home operator.
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