December 11, 2017 10:35 AM ET

Construction and Engineering

Company Overview of Fortis Global Healthcare Infrastructure Pte Ltd

Company Overview

Fortis Global Healthcare Infrastructure Pte Ltd is an investment holding company which, through its subsidiaries, offers infrastructure development and construction services for healthcare facilities. The company was incorporated in 2011 and is headquartered in Singapore.

9, Battery Road

#15-01

MYP Centre

Singapore,  049910

Singapore

Founded in 2011

Key Executives for Fortis Global Healthcare Infrastructure Pte Ltd

Fortis Global Healthcare Infrastructure Pte Ltd does not have any Key Executives recorded.

Fortis Global Healthcare Infrastructure Pte Ltd Key Developments

Global Healthcare Infrastructure Pte. Ltd. Enter into Term Loan Facility Agreement with Indusind Bank Limited

RHT Health Trust Manager Pte. Ltd. (the "Trustee-Manager"), the Trustee-Manager of RHT Health Trust ("RHT" or the "Trust") announced that Fortis Global Healthcare Infrastructure Pte. Ltd. ("FGHIPL"), a wholly-owned subsidiary of RHT, has entered into a term loan facility agreement of the USD equivalent of SGD 53 million with IndusInd Bank Limited, IFSC GIFT City Branch ("IndusInd Bank Limited"), as arranger and agent, with a final repayment date of 31 May 2022 ("the IndusInd Bank Facility"). The IndusInd Bank Facility will be used to refinance an existing loan facility in India as well as for working capital requirements. Assuming that the IndusInd Bank Facility is fully drawn down, RHT's gearing level will remain relatively low at 25.4%. The weighted average term to expiry of RHT's debt portfolio will be extended from approximately 1.7 years to 2.4 years.

Fortis Global Healthcare Infrastructure Pte Ltd. Enters into Facility Agreement to Refinance Existing Loan Facility

RHT Health Trust Manager Pte. Ltd. announced that Fortis Global Healthcare Infrastructure Pte. Ltd. has entered into the following facility agreements to refinance an existing loan facility as well as for working capital purposes: a facility agreement with Siemens Bank GMBH, Singapore Branch, as arranger and agent for debt financing of SGD 27,500,000; and a facility agreement with United Overseas Bank Limited, as arranger and agent for debt financing of SGD 27,500,000.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 14, 2017
International Hospital Limited and Fortis Health Management Limited
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