HICL Infrastructure buys stake in hospital project for £87.8m

7th Jul 2015 07:40

HICL Infrastructure would buy half of the Southmead Hospital project from Carillion for a consideration of £87.8m, the firm said on Monday.The deal includes a future loan obligation of £48.7m to be paid by HICL group in September 2015.The Southmead hospital project is a £430m, 35-year concession to design an 800-bed acute hospital on behalf of the North Bristol NHS Trust.HICL said the acquisition was funded by drawing from its revolving credit facility, and proceeds from the sale of its Fife Schools project.

Top Risers

Share	Price	Change
Genincode (GENI)	0.725	16%
Eurasia Mining (EUA)	2.725	15.96%
Light Science Technologies (LST)	0.875	12.9%
Oracle Power (ORCP)	0.032	12.28%
Ethernity Net (ENET)	0.0019	11.76%

Top Fallers

Share	Price	Change
Litigation Cap. (LIT)	0.301	-40.04%
Catenai Plc (CTAI)	0.0575	-39.47%
Focus Xplore (FOX)	0.019	-22.45%
Petra Diamonds (PDL)	2.79	-20.74%
Synergia Energy (SYN)	0.0085	-15%

Top By Volume

Share	Price	Volume
Ethernity Net (ENET)	0.0019	1,897,087,250
Forgent (FORG)	0.0115	459,157,461
Premier African Minerals (PREM)	0.0044	313,776,718
Focus Xplore (FOX)	0.019	253,421,870
Bezant Resources PLC (BZT)	0.11	236,496,035

All prices are delayed by at least 15 minutes. Share Compare cannot be held responsible for the accuracy of share prices shown on this website, and investors should be aware that share prices can go down as well as up. Share Compare does not offer advice, and is not regulated by the Financial Conduct Authority.