HCG

completed

The proposed IFC equity investment in Healthcare Global Enterprises Ltd (“HCG” or the “Company”) is a part of the equity issuance of the HCG initial public offering (“IPO”). The HCG network of cancer centers is the largest provider of cancer care in India as measured by the number of cancer treatment centers licensed by the AERB, treating approximately 37,500 new patients per year (as of March 31, 2015) in India with 14 existing cancer care centers, 3 diagnostics centers and 1 day care chemotherapy center. It operates its cancer centers across 13 cities and towns in 8 states. The Company also operates 2 multispecialty hospitals and has a presence in the reproductive health segment. This proposed financing is a corporate financing with proceeds from the IPO expected to be utilized to fund the Company’s India growth plans and partly for de-leveraging. The Company plans to open 12 new cancer care centers (“CCC”), buy new medical equipment for its centers, upgrade its information technology (“IT”) systems, and repay debt to reduce overall leverage (“Project”).