Friday, september 30, 2022 tagFinancial results

Ramsay Santé has concluded an additional €150M loan agreement within its Fiducie Sûreté (created in 2018) becoming one of the largest Fiducies-Sûreté (€318M in cumulative outstandings loan) in the French market and the first one indexed to ESG criteria.

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After renegotiating its syndicated debt in April 2021 with a TLB linked to its ESG performance and issuing a Euro PP in December 2021, Ramsay Santé is pursuing its refinancing and sustainable commitment dynamic.

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After renegotiating its syndicated debt in April 2021 with a TLB linked to its ESG performance and issuing a Euro PP in December 2021, Ramsay Santé is pursuing its refinancing and sustainable commitment dynamic.

Immobilière de Santé, the main holding company for the equity and/or real estate assets of Ramsay Santé,  leader in private hospitalization and primary care in Europe, has entered into an additional loan agreement (Tranche 3) for a principal amount of €150 million. Arranged by Natixis (advised by CMS Francis Lefebvre Avocats), the transaction was supported by a pool of lenders composed of various entities of Groupe BPCE, La Banque Postale and BPIFRANCE.

This long-term financing, which is intended to finance the general needs of Immobilière de Santé and the Ramsay Santé group, is backed by a *fiducie sureté covering the shares of real estate subsidiaries holding the buildings of 6 private hospitals or clinics, for which Natixis is the trustee.

This reloading of our real estate financing vehicle is fully in line with the sustainable development strategy of the Ramsay Santé group on three levels:
  • To diversify and extend the average maturity of its debt at an attractive financing rate in a financial market environment that is currently particularly constrained,
  • To continue with the group's strategy of developing our real estate assets, while having a better balance sheet correlation between the asset and liability items of the Ramsay Santé group,
  • Continue the efforts of the Group's CSR strategy, which includes an ambitious environmental responsibility component.

*The trust contract allows a person called the "settlor" to transfer all types of present or future assets into a "trust estate", which will be managed by a third party, "the trustee", independently of his own estate, for the benefit of a third person, called "the beneficiary", for a fixed period of time.
In a security trust, the assets placed in trust are used to secure financing.

About Ramsay Santé

After the acquisition of the Capio Group in 2018, Ramsay Santé has become the leading European provider of comprehensive healthcare services. The group now has 36,000 employees and works with nearly 8,600 private practitioners.

Present in 5 countries, France, Sweden, Norway, Denmark and Italy, the group treats more than 7 million patients per year in its 350 facilities.

In hospitalization, Ramsay Santé offers almost all medical and surgical treatments in three business lines: Medicine-Surgery-Obstetrics (MCO), Follow-up and Rehabilitation Care (SSR) and Mental Health. Wherever it is present, the group participates in public health service missions and in the health network of the country, as in Sweden where the group has more than a hundred local health centres.

The quality and safety of care is the group's priority in all the countries where it operates. This is why the group is today one of the references in modern medicine, especially in ambulatory surgery and enhanced recovery after surgery (ARS).

The group also invests more than €200 million every year in its establishments, whether in new surgical and imaging technologies, or in the construction and modernisation of establishments. It also innovates at the service of patients with new digital tools and by developing its organisations to improve the efficiency of care.

Friday, september 30, 2022 tagFinancial results
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  • Brigitte Cachon
  • Director of Communication, Brand & CSR
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