Communication to ORPEA of Two Expert Reports Drawn Up at the Request of the Insolvency Judge Appointed in the Context of the Accelerated Safeguard Procedure

Business Wire · Uhr

Regulatory News:

ORPEA (Paris:ORP):

By order of the court-appointed insolvency judge in the context of ORPEA's accelerated safeguard procedure, the firm Ledouble, acting as an independent financial expert, was appointed to draw up two valuation reports with a view to implementing ORPEA's financial restructuring.

The court-appointed administrators have today sent these reports, intended for the bodies involved in the proceedings, to ORPEA.

These two expert reports relate to:

  • the valuation of the ORPEA group as a going concern: this report leads the independent expert to propose a range of values of between ¬6 billion and ¬7 billion;
  • the valuation of ORPEA SA in a liquidation scenario, including a scenario for the sale of individual assets and a scenario for the sale of all ORPEA assets to a acquirer: this report leads the independent expert to consider that the best estimate of liquidation value is comprised between ¬2.6 billion and ¬3.7 billion.

These two valuation reports are available on ORPEA's website in the "Restructuring" section [link].

About ORPEA

ORPEA is a leading global player, expert in providing care for all types of frailty. The Group operates in 21 countries and covers three core businesses: care for the elderly (nursing homes, assisted living facilities, homecare and services), post-acute and rehabilitation care and mental health care (specialized clinics). It has more than 76,000 employees and welcomes more than 267,000 patients and residents each year.

https://www.orpea-group.com/en

ORPEA is listed on Euronext Paris (ISIN: FR0000184798) and is a member of the SBF 120 and CAC Mid 60 indices.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230623711478/en/

Investor Relations
ORPEA
Benoit Lesieur
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b.lesieur@orpea.net

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NewCap
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