News Leader
WATCH: Why Ascendis has agreed to a debt-for-asset swap
Ascendis Health CEO Mark Sardi talks to Business Day TV about swapping its European assets for debt
13 May 2021 - 07:26
Health and wellness group Ascendis has struck a deal with its lenders to swap its European assets for debt. This will reduce the firm’s borrowings by R7.6bn and leave it with assets based solely in SA.
Business Day TV’s Alishia Seckam spoke to Ascendis Health CEO Mark Sardi (https://youtu.be/cT_ccWzs4-U)for what this means for the group...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.