BUZZ-Australia's Healthco Healthcare plunges as it withdraws annual earnings outlook

Reuters

03/04

** Shares of Australia's Healthco Healthcare and Wellness REIT HCW.AX slump 6.2% to A$0.905, hitting record low

** HCW withdraws full-year funds from operations forecast

** Withdraws forecast after Healthscope, Australia's second-largest private hospital operator, failed to pay rent due for March on 11 of its facilities owned by HCW

** HCW says it has issued breach notices to Healthscope and that part of the payment has been received

** Stock down 10.8% YTD

(Reporting by Rishav Chatterjee in Bengaluru)

((Rishav.Chatterjee@thomsonreuters.com))

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