Oceania Healthcare (ASX:OCA) report no COVID-19 cases at their facilities - Sequoia Direct Pty Ltd

07MayMay 7, 2020

Oceania Healthcare (ASX:OCA) report no COVID-19 cases at their facilities

Aged care homes operator Oceania Healthcare (ASX:OCA) has reported that no COVID-19 have been recorded in their facilities.

Oceania also announced they’ve secured an additional $70 million of banking facilities from existing bank lenders, providing additional financial flexibility, totalling $110.9 million in headroom which the company says is sufficient to weather further macroeconomic risks.

The company stated the funding position ensures development projects can be progressed in a prudent manner.

Shares in Oceania (ASX:OCA) last traded at 71 cents.

Copyright 2020 – Finance News Network

Source: Finance News Network

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