Gulf News

WHAT NEXT?

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At some point, Alvarez & Marsal will give their blueprint on their plans for the future of NMC and how it can unload the $6 billion plus debt burden it is carrying. In their interactio­ns with NMC staff over recent months, the administra­tors have repeatedly underscore­d their faith in the health care services.

Now, if banks provide a medium-term funding of $250 million or over, it would seem the administra­tors and NMC management have convinced others as well.

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