The Leeds Health Centre PFI project achieved financial close on 14 December 2011.

The project comprises the replacement of the existing Holt Park Leisure Centre with a new well-being centre.  Construction is scheduled for completion in 2013, after which time the SPV will operate and maintain the facility for a further 25 years.  Co-op Bank are providing the financing for the project.

Operis provided model audit services and a tax and accounting review on behalf of the sponsors (Interserve and Barclays European Infrastructure II), the lenders and Leeds City Council.  This is the fourth of a series of BSF transactions which the sponsors have closed with Leeds City Council.  Operis also provided model audit services for the previous three projects.

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