Apollo Hosp

completed

The proposed project by AHEL, which is among the largest integrated healthcare groups in India, involves an investment of upto US$394 million over the next four years to add about 2,900 beds to its hospital network and for equipment purchases of its existing hospitals (“Project”). The funds will be used to implement AHEL’s strategy for growth which includes: (i) expansion in existing facilities that are reaching full capacity; (ii) setting up new facilities in larger cities with growing and unmet demand; and (iii) expanding its network of “Reach” hospitals, which include smaller, simpler facilities in less developed population centers.