Care home investor Assura has repaid £181m of long-term debt plus associated early repayment costs of £34m held by Aviva Commercial Finance.
The weighted average interest rate on the loans redeemed was 5.4% and the repayment was in line with the debt reduction plan announced on 24 September.
The repayment will reduce the company’s total debt to £330m, down by 36% since March 31 2015.
