Come on folks....once the sales of assets go through in August...the debts gearing is down to around 30-32%...very conservative really.
Not to mention most of OCA debts are locked in at 4% and mature in 2028
I called my insider again...he said u all talking sheet porky about CR...get a life people
Oceania has
entered into an agreement to sell two of its Auckland care sites to a
smaller, experienced operator. This agreement is conditional on the
purchaser obtaining the consent of the Ministry of Health and Te Whatu Ora to
the transfer and the sale is expected to settle in August 2023.