Softlogic group hospital firms settle IFC loan

12 January 2016 03:16 am

Three Softlogic group companies yesterday said they settled a US $ 20 million loan that was taken from the International Finance Corporation (IFC) in 2010.
The three hospital companies—Asiri Hospital Holdings PLC, Asiri Surgical Hospital PLC and Central Hospital Limited—said they paid the outstanding of US $ 12.9 million of the US $ 20 million loan, in December 2015.

The breakdown of the original amounts borrowed were US $ 6.7 million by Asiri Hospital Holdings, US $ 1.9 million by Asiri Surgical Hospital PLC and US $ 11.4 million by Central Hospital Limited.