Debt redemption

8 January 2018

Assura plc

Debt redemption

Assura plc ("Assura"), the UK's leading primary care property investor and developer, today announces that, following its recent equity raise, it has repaid £211 million of long term debt held by Aviva Commercial Finance, with associated early repayment costs of £56 million. The weighted average interest rate on the loans redeemed was 5.43%. This repayment is in line with the debt reduction plan announced in our Prospectus dated 16 November 2017.

Following the repayment, gross debt will be £430 million and Assura will benefit from the resultant reduced weighted average cost of interest, as well as substantial capacity for further property investment.

Further details will be provided with the financial results for the year ended 31 March 2018, which are due to be released on 23 May 2018.

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Notes to Editors

Assura plc, a constituent of the FTSE 250 and the EPRA* indices, is a UK REIT and long-term investor in and developer of primary care property. The company, headquartered in Warrington, works with GPs, health professionals and the NHS to create innovative property solutions in order to facilitate delivery of high quality patient care in the community. At 30 September 2017, Assura's property portfolio was valued at £1,560 million.

Further information is available at www.assuraplc.com 

*EPRA is a registered trademark of the European Public Real Estate Association