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6 stories mentioning ASX:RHCUpdated 7d ago

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Treasury

Ramsay Health Care Closes 1.75 Billion Euro Refinancing, Plans ASX Foreign Exempt Listing Via CDIs

Ramsay Health Care (ASX:RHC) unit Ramsay Santé said it has closed its 1.75 billion euro refinancing, comprising a 1.55 billion euro Term Loan B and a 200 million euro revolving credit facility, with the Term Loan B priced at Euribor plus 350 basis points at an original issue discount of 99, anchored by both new and existing lenders, according to a Thursday Australian bourse filing.The company said it intends to apply for a foreign exempt listing on the ASX and to put in place arrangements so that RHC shareholders may hold their interest in Ramsay Santé through chess depositary interests (CDIs), which would be tradeable on the Australian bourse subject to all applicable approvals, with each CDI providing the equivalent economic exposure and voting entitlement as an ordinary listed share in Ramsay Santé, the filing added.

ASX:RHC
Asia

Ramsay's Australian Hospital Business Expected to Achieve Underlying Improvement in Market Share, Jarden Says

Ramsay Health Care's (ASX:RHC) Australian Hospital business is expected to achieve underlying improvement in market share, surgical mix increase, capacity utilization improvements, and small margin increases as the firm continues to achieve private health insurance agreements that cover wage inflation, according to a Monday note by JardenA re-orientation of the firm's portfolio should assist with the business' cash generation and returns. Its new management flagged a strong focus on strengthening capital discipline while improving portfolio capital returns.Divesting Ramsay Sante via an in-specie distribution was expected and looks to be on track for completion by November at the latest, delivering a simplified and de-geared group. Additional divestments are planned both in the UK and Australia.The investment firm retained its overweight rating on Ramsay and its AU$45.20 per share price target.

ASX:RHC
Asia

Update: Healius Signs National Agreement Framework With Ramsay Health Care; Shares Up 6%

(Updates to add stock movement in the headline and the last paragraph)Healius (ASX:HLS) entered into a national agreement framework with subsidiaries of Ramsay Health Care (ASX:RHC), effective Wednesday, according to an Australian bourse filing on June 26 after market hours.The framework replaces existing pathology leases and service arrangements with standardized agreements across 13 Ramsay-operated hospitals in New South Wales, Victoria, Queensland and Western Australia, per the filing.The new contracts, with initial terms of two to five years, are expected to generate around AU$45 million in annual revenue, subject to stable customer demand and economic conditions, the filing added.Healius' shares rose past 6% in recent Monday trade, while Ramsay Health Care gained 2%.

ASX:HLSASX:RHC
Asia

Healius Signs National Agreement Framework With Ramsay Health Care

Healius (ASX:HLS) entered into a national agreement framework with subsidiaries of Ramsay Health Care (ASX:RHC), effective Wednesday, according to an Australian bourse filing on June 26 after market hours.The framework replaces existing pathology leases and service arrangements with standardized agreements across 13 Ramsay-operated hospitals in New South Wales, Victoria, Queensland and Western Australia, per the filing.The new contracts, with initial terms of two to five years, are expected to generate around AU$45 million in annual revenue, subject to stable customer demand and economic conditions, the filing added.

ASX:HLSASX:RHC
Asia

Ramsay Health Care Unit Posts Narrower Nine-Month Loss, Higher Revenue

Ramsay Health Care (ASX:RHC) reported on Friday that its 52.79%-owned unit Ramsay Sante posted a loss of 0.25 euros per share for the nine months ended March 31, compared with a loss of 0.49 euros a year earlier.Revenue for the nine months ended March 31 was 3.98 billion euros, compared with 3.86 billion euros a year earlier.

ASX:RHC
Asia

ASX Biggest Losers

Here are the 10 ASX-listed companies with the biggest losses on Monday.Wisetech (ASX:WTC): -3%, AU$42.79NexGen Energy (ASX:NXG): -3%, AU$17.26Telix Pharmaceuticals (ASX:TLX): -2%, AU$14.47Cochlear (ASX:COH): -2%, AU$94.76Paladin Energy (ASX:PDN): -2%, AU$12.28Origin Energy (ASX:ORG): -2%, AU$12.44EVT (ASX:EVT): -2%, AU$12.44Tuas (ASX:TUA): -2%, AU$5.97Ramsay Health Care (ASX:RHC): -2%, AU$39.15Southern Cross Gold (ASX:SX2): -2%, AU$11.07

ASX 200ASX:COHASX:EVTASX:NXGASX:ORGASX:PDNASX:RHCASX:SX2ASX:TLXASX:TUAASX:WTC

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