Brookfield’s Healthscope Asks Lenders to Take Board Control

Australian hospital operator Healthscope Ltd., owned by a unit of Brookfield Corp., is trying to avoid company receivership by asking lenders to support a plan that will give them board control, after struggling to pay interest on an outstanding A$1.6 billion ($1 billion) loan.

Under the plan, lenders have the ability to appoint their own board nominees as soon as they’re in a position to do so, Healthscope said in a Monday statement, adding that it has sent all financiers a letter detailing and committing to the transition of control.

The decision to handover the keys ...