Brief: Vital Healthcare Property Trust Sees Limited Impact To Earnings From COVID-19

Vital Healthcare Property Trust

08/04/2020 21:38

April 9 (Reuters) - Vital Healthcare Property Trust
 VHP.NZ :
    * CURRENTLY EXPECT LIMITED IMPACT TO VITAL'S EARNINGS FROM
COVID-19
    * NO CHANGE TO DISTRIBUTION GUIDANCE OF 8.75 CENTS FOR THIS
FINANCIAL YEAR
    * TALKS IN PROGRESS WITH DISTRICT HEALTH BOARDS IN NZ TO 
FOR
SUFFICIENT CAPACITY TO DEAL WITH COVID-19 PATIENTS
    * ALL OF VITAL'S MAJOR PROJECTS IN NZ HAVE BEEN IMPACTED BY
OVERALL LOCKDOWN OF CONSTRUCTION FOR NONESSENTIAL PROJECTS
    * ALL ON-SITE WORK HAS STOPPED AT WAKEFIELD AND ROYSTON
HOSPITALS
    * PROJECTS IN AUSTRALIA CONTINUE TO BE PROGRESSED, INCLUDING
EPWORTH EASTERN, ALBEIT AT LOWER LEVELS OF EFFICIENCY
    * RECENTLY STRENGTHENED BY NZ$107 MILLION OF ADDITIONAL DEBT
FACILITIES AND TERM EXTENSIONS FOR NEAR-TERM DEBT EXPIRIES

Source text for Eikon:  ID:nNZWb8f4n2 
Further company coverage:  VHP.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))