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UAE's Aster DM Healthcare agrees $295 million loan with Axis Bank

UAE's Aster DM Healthcare agrees $295 million loan with Axis Bank

Tuesday, April 11, 2017, 5:09 PM

United Arab Emirates-based Aster DM Healthcare has agreed a $295 million credit facility with India's Axis Bank, the healthcare company said in a statement. Aster had a $276 million loan outstanding with a consortium of eight-banks, and it had drawn $176 million out of that facility. The new loan offers "attractive terms and conditions, which the existing consortium of eight banks are unable to match."
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