Tue 06/21/2022 07:50 AM
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Sponsor KKR has injected 75 million Australian dollars ($52 million) into GenesisCare via a one-year bridge loan. The Australia-headquartered global oncology services provider’s other institutional shareholder China Resources Holding has the option to provide up to AUD 88 million on a pro-rata basis on equivalent terms and is in the process of securing internal approval, management told lenders on a call last week. The group will potentially seek a larger capital raise within the next twelve...
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