25 Jun 2013

Vital capital raising through rights issue

7:18 pm on 25 June 2013

Listed investor in health facilities, Vital Healthcare Property Trust, is about to raise an unspecified amount of new capital from existing investors through a rights issue.

Chief executive of the trust's manager, David Carr, says he can not say how much money the trust will raise but he confirms the funds will be used initially to repay debt.