| Project Detail |
Project Description
Provision of a senior loan of up to EUR 40 million to Ronesans Holding A.S. ("Ronesans") and Ronesans Saglik Yatirim A.S. ("Ronesans Healthcare"), the umbrella company of Ronesans Holding, for healthcare sector investments. The proceeds of the loan will be used mainly to refinance short-term loans used for equity injections in the Istanbul Ikitelli PPP Hospital Project. The remainder will be used by RSY Saglik Ticari A.S., the commercial area management company, and RSM Isletme Hizmetleri A.S., the facility management company, for investments in the Istanbul Ikitelli PPP Hospital.
Project Objectives
The operation will enable Ronesans Healthcare to restructure its balance sheet and eliminate the maturity mismatch between its assets and liabilities by providing longer term financing not currently available in the market. In addition, the operation will promote gender and inclusion through the implementation of a Gender Equal Opportunities Action Plan and a comprehensive Gender Audit, reviewing the design of the Ronesans Healthcare facilities and service delivery methods at the Ikitelli PPP Hospital. |
