Intermedica

pending

Grupo NotreDame Intermedica Saude SA (''''Intermedica'''' or the ''''Company'''') is seeking a US$150 million A and B loan long term facilities from IFC (being US$75 million for IFC’s own account) to support the Company’s 2016-2020 investment program. This investment program encompasses (i) maintenance capital expenditures; (ii) capital expenditures in brownfield expansion of its existing hospital and medical centers network; and (ii) potential mergers and acquisitions opportunities (the “Project”).Founded in 1968, GNDI is one of Brazil’s largest fully integrated health service providers (“HMO”) in Brazil. Currently operating 11 hospitals (1,100+ beds), 63 clinical centers, 48 in-company ambulatories and 117 in-company occupational health services, Intermédica is currently the 3rd largest health insurance provider on number of beneficiaries (1.9 mln lives) in Brazil. Over 93% of Intermedica’s lives are employer-provided and are mostly comprised of low and middle-income individuals. Intermedica also owns the #4 dental care operator in the country, Interodonto, with over 1.1 million beneficiaries, and RH.Vida, for occupational health.