December 22, 2017 / 6:41 AM / 10 months ago

BRIEF-Tinc Jointly With DG Infra Yield ‍Invests In Network Of Specialized Care Facilities

Dec 22 (Reuters) - TINC COMM VA:

* INVESTS IN RESIDENTIAL CARE

* INVESTS IN RÉSEAU EQSO, AN EXPANDING NETWORK OF SPECIALIZED CARE FACILITIES

* ‍FINANCIAL CLOSE EXPECTED TO OCCUR DURING Q1 OF 2018​

* ‍ACQUIRES JOINTLY WITH DG INFRA YIELD MAJORITY PARTICIPATION IN PORTFOLIO OF RESIDENTIAL CARE FACILITIES​

* HAS OBTAINED A € 60 MILLION COMMITTED BANK FINANCING TO ENSURE THAT ALL FUNDING COMMITMENTS REMAIN COVERED

* ‍TOTAL INVESTMENT AMOUNTS TO ABOUT 15% OF MOST RECENT PUBLISHED FAIR VALUE OF TINC INVESTMENT PORTFOLIO​ Source text: bit.ly/2DvQQEA Further company coverage: (Gdynia Newsroom)

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