IHH Healthcare's Unit Accepts US$1.31 Billion Multi-Currency Banking Facility

KUALA LUMPUR, Sept 20 (Bernama) -- IHH Healthcare Bhd's indirect wholly-owned subsidiary, Parkway Pantai Limited has accepted a multi-currency banking facility for a total amount equivalent to US$1.31 billion (RM5.44 billion). In a filing to Bursa (Malaysia's Stock Exchange), IHH Healthcare, a Malaysian–Singaporean private healthcare group said the facility is a multi-currency facility involving Singapore dollars (S$), Hong Kong dollars and US dollars, for a total amount equivalent to S$1.8 billion. The unsecured multi-currency five-year Revolving Credit Facility would be utilised for refinancing, corporate funding, working capital requirements, as well as investments and project financing. The facility is granted by mandated lead arrangers, comprising BNP Paribas, Credit Agricole Corporate and Investment Bank, DBS Bank Ltd., Oversea-Chinese Banking Corporation Limited, The Bank of Tokyo-Mitsubishi UFJ, Ltd, and United Overseas Bank Limited. --BERNAMA