NMC Health plans to issue bond or sukuk

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.