Kora Saúde’s Financial Crisis: Brazilian Hospital Group Seeks Debt Restructuring

Kora Saúde, a major Brazilian private healthcare provider, faces a severe financial crunch. The company recently announced plans to restructure its massive debt following a reverse stock split last month to avoid delisting. As of June 2024, Kora reported a net debt of R$2.146 billion ($429.2 million), far exceeding its 12-month EBITDA of R$510 million […]