Bank Facility Extension
NZX RELEASE
7 October 2022
Bank Facility Extension
Radius Care (NZX: RAD) is pleased to confirm that it has received an extension of the bridge
facilities put in place on 6 May 2022 to enable settlement of the UCG acquisition. $23m of
funding has been extended for six months to be repaid on 6 April 2023.
ENDS
CONTACT DETAILS
For further information, please contact:
Anna Ellis
Company Secretary
Phone: +64 204 020 3980
Email: Anna.Ellis@radiuscare.co.nz
About Radius Care
Radius Residential Care Ltd was founded in 2003 and operates in the New Zealand aged care
and retirement village sectors. It is a nationwide provider offering the full range of
accommodation and care options giving residents the ability to "age in place". Today, Radius
Care operates 24 aged care facilities, of which it owns 13 and leases 11. Four owned facilities
also include retirement villages and Radius Care’s online shop sells specialist assisted-living
products. The company employs over 1,700 people, including highly qualified healthcare staff
who are committed to providing the very best in nursing care. Radius Care listed on the NZX
in December 2020. For more information visit radiuscare.co.nz or check out our Facebook
page @RadiusCareNZ.
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