Vital Healthcare extends debt facilities to NZ$900m

Vital Healthcare Property Trust (NZX:VHP), managed by Northwest Healthcare Properties Management Limited, announced the successful extension and improvement of its debt funding arrangements. The company has extended debt facilities totaling approximately NZ$900 million across five existing financiers. The weighted average debt duration has increased by 1.2 years to 4.1 years, pushing out debt maturities to beyond March 2027. Vital also secured a refreshed A$75 million debt facility. The renewed terms include enhanced pricing and allow approximately NZ$875 million of the facilities to be drawn in either AUD or NZD. Total funding lines remain unchanged at approximately NZ$1.46 billion. Since March 31, 2025, Vital has completed the refinance and extension of debt facilities totaling approximately NZ$1.1 billion, roughly 75% of the total facilities.