India: Apollo’s parent raises US$145m short term loan

The promoters of Apollo Hospitals, India’s largest hospital chain, have raised US$145m in a short term loan from Credit Suisse. The 91-day loan is for PCR Investments, which holds a 19.6% stake in the group. Newspaper reports in India say that the loan is backed by shares of Apollo Hospitals as well as a personal…

You must be a HMI Subscriber to view this content. Please log in or subscribe below.

Subscribe Now »