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Aster closes $295 million credit facility with Axis Bank

Apr 12, 2017 - CPI Financial

Aster DM Healthcare announced the closure of $295 million, comprehensive group-wide credit facility with Axis Bank.

The credit facility included highly attractive terms and conditions which the existing consortium of eight bankers could not match.

Dubai-based Axis DM Healthcare had an overall limit of $276 million with the consortium, out of which only $176 million was drawn so far which was taken over by Axis Bank using this facility, according to a statement issued by the Group, ad...