NMC Health plans to is­sue bond or sukuk

New Straits Times - - Business -

ABU DHABI: NMC Health Plc, based here, is close to tap­ping the bond mar­ket to fi­nance ac­qui­si­tions and di­ver­sify its sources of fund­ing as it seeks to ex­pand across key Per­sian Gulf mar­kets. The Lon­don­listed health­care provider was plan­ning to grow in Saudi Ara­bia, Oman and Qatar, where it was fo­cus­ing on the fer­til­ity seg­ment, said chief ex­ec­u­tive of­fi­cer Pras­anth Mang­hat. “We’d be look­ing at fixed in­come, a sukuk or bond,” he said.

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