Orpea announces that it has drawn down a further €205 million at the end of December 2022, under the €3.2 billion financing agreement signed with its main banking partners last June.

The dependency care group is also in the process of negotiating a financial restructuring aimed at financing its restructuring plan and securing the liquidity needed to continue its business.

Discussions are continuing with financial creditors and third-party investors as part of the amicable conciliation procedure opened by the Nanterre Specialized Commercial Court on October 25.

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