Thursday, July 31, 2008

Parkway in US$622 mln loan for new hospital


Source : Business Times - 31 Jul 2008

Singapore healthcare firm Parkway Holdings said on Thursday that it has obtained an $850 million (US$622 million) syndicated loan to build a new hospital in the city-state.

The 13-bank syndicated transferable secured financing facilities was arranged by Calyon, DBS Bank, HSBC, OCBC, Royal Bank of Scotland and Standard Chartered, Parkway said in a statement.

Parkway did not provide details about the loan’s maturity and interest rates.


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