Apollo Loan

completed

Apollo Hospitals Enterprise Limited (“Apollo”, “AHEL” or the “Company”), founded in 1979, is the parent company of the largest private integrated healthcare group in India and recognized as leader in the management and delivery of high quality tertiary care in Asia. The proposed project by Apollo Hospital Enterprise Limited, the largest private integrated healthcare group in India, involves an investment of up to $200 million over the next several years to fund expansion and equipment purchases for Apollo’s existing hospitals and to develop the Apollo Reach network of hospitals.Apollo Reach Hospitals have been especially designed for less developed population centers in the semi urban and rural areas of India and are smaller, simpler and offer exhaustive service offerings like Apollo’s existing facilities, deliver similar quality care costing less overall to the patient. The first three Reach hospitals are located in Karimnagar, Kakinada and Karur. Additional Reach hospitals will be established in semi-urban and rural areas, initially in the states of Andhra Pradesh and Tamil Nadu, India. IFC is considering a $35 million “A” loan and a $15 million stand-by (“C”) loan to partially fund the company’s expansion plan. (“Project”).