Ann: Healthscope Update, page-109

David Di Pilla’s HMC Capital is preparing to swoop on a slice of Healthscope’s $1.6 billion debt stack, as a handful of minority lenders run out of patience with the country’s second-largest private hospital group.Street Talk can reveal 28 per cent of Brookfield-owned Healthscope’s lender syndicate refused to sign a standstill agreement put forward late last month that would have stopped the banks and credit funds in the 31-strong group from selling their positions or collecting interest for three months – time that its advisers had planned to use to find a private equity buyer.