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NMC Health Requests Debt Standstill to Avert Repayment of $2 Billion
March 3rd, 2020 - 09:19 GMT

NMC Health Requests Debt Standstill to Avert Repayment of $2 Billion

Hospital operator NMC Health, which is making a last-ditch attempt to obtain an informal debt standstill to stop banks demanding repayment of more than $2 billion at the end of this week, confirmed on Monday the appointment of Moelis and Company to "support and advise" it on negotiations with lenders. The company said in a statement it was asking lenders for continued support and an informal standstill in relation to ...
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