India: Hospital chain Apollo’s parent raises $145m from Credit Suisse

India: Hospital chain Apollo’s parent raises $145m from Credit Suisse

The bridge financing raised by PCR Investments, which has a 19.57% stake in Apollo, has a repayment period of 91 days. (Photo: Priyanka Parashar/Mint)

The promoters of India’s largest hospital chain, Apollo Hospitals Enterprises Ltd, have raised 1,000 crore from Credit Suisse to meet near-term debt repayment obligations of the promoter group.

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