In line with the stated strategy, the promoters of Aster DM Healthcare have successfully reduced their share pledge from 99% to 41% after completing a debt refinancing transaction from top-tier global financial institutions. As part of the refinancing process, the new reputed lenders – JP Morgan, HSBC, and Barclays provided fresh funding, enabling Aster DM Healthcare promoters to refinance its existing loans at better terms as well as loan-to-value (LTV). Dr. Azad Moopen, Founder and Chairman, Aster DM Healthcare Dr. Azad Moopen, Founder and Chairman of Aster DM Healthcare, said,…
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