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Healthway Medical opts for Gateway's revised notes deal

It involves change in investment structure; the S$70m, to be issued in two tranches, will be fully convertible notes

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Following extensive discussions, Healthway Medical Corporation (HMC) has picked private-equity fund Gateway Partners' revised deal over a loan offer by Lippo Group's entity to solve its cash crisis.

Singapore

FOLLOWING extensive discussions, Healthway Medical Corporation (HMC) has picked private-equity fund Gateway Partners' revised deal over a loan offer by Lippo Group's entity to solve its cash crisis.

The private-clinic operator has agreed to a revised convertible notes

sentifi.com

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