October 30, 2009 / 8:52 AM / 10 years ago

UPDATE 1-Nestor: H2 results till date in line with its view

* Says social care business performing well

* Renews credit facility with Barclays, HSBC

* Net borrowings of 15.6 mln stg as of Oct. 27

* Says volumes at GP centres better than expected

* Shares up almost 7 pct (Adds details)

Oct 30 (Reuters) - Healthcare staffing specialist Nestor Healthcare Group Plc NSR.L said on Friday that results since the end of the first half of the year were in line with its expectations, helped by strength at its social care businesses, sending its shares up almost 7 percent.

The company also said it had successfully concluded discussions on renewed credit facilities with its bankers, Barclays (BARC.L) and HSBC (HSBA.L).

A revolving credit facility of 25 million pounds ($41.40 million) has been agreed upon with an additional 7.5 million pounds available for any performance bonds that might be required by local authorities, the company said.

The new facility is in place for a period of four years commencing Oct. 28, it added.

The company had net borrowings of 15.6 million pounds as of Oct. 27, compared with 16.9 million pounds as of July 5.

Nestor said volumes at its general physician centres had been better than expected and that it was in discussion with customers in England and Wales for more primary care services to handle future flu outbreaks.

Shares of the company were up about 7 percent at 47.50 pence by 0847 GMT on the London Stock Exchange. ($1=.6039 Pound) (Reporting by Aditi Samajpati in Bangalore; Editing by Himani Sarkar)

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