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Metlifecare receives cash injection from parent company

The company's owner says the additional capital is to fund growth, although net debt has doubled in the past two years.

Formerly listed retirement village operator Metlifecare has received a cash injection from its parent company to create extra debt headroom to fund future growth.

The company was taken private by a subsidiary of Swedish private equity firm EQT Infrastructure in 2020, although its bonds still trade

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Nicholas Pointon Thu, 19 Dec 2024
Contact the Writer: nicholas@nbr.co.nz
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Metlifecare receives cash injection from parent company
General Business,
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