Reply from Healthscope on the HMC presentation. Healthscope in...

Reply from Healthscope on the HMC presentation.

Healthscope in response said it "entered into short-term forbearance arrangements with the requisite majority of its senior lenders. The arrangements are in place until May."

"These arrangements provide time and enhanced liquidity for Healthscope to focus on agreeing a longer-term solution for the business with its key stakeholders," the private hospital and medical centre operator said.

As such, Healthscope will commence preparations for a potential sale of the business and concurrently engage in broader restructure discussions with its key stakeholders.

"This forbearance provides stability of ongoing operations, and a greater likelihood of a longer-term solution in the best interests of all stakeholders... Having achieved these milestones we will also re-engage with the HMC managed entities and invite HMC to participate in discussions on longer-term solutions that ensure relevant hospitals can sustainably operate," Healthscope said.