NMC HEALTHCARE LLC
In December 2016, FEB signed a 2 year US$ 100 million Unsecured Senior Murabaha Facility with NMC Healthcare LLC (NMC). NMC is the largest private healthcare service provider, and one of the largest wholesale and distribution businesses in the United Arab Emirates based out of Abu Dhabi. FEB is acting as the Investment Agent and the Security Agent under this Murabaha financing. The Facility will be used exclusively by NMC for general corporate purposes. NMC Health PLC, which is NMC’s parent company, provided a corporate guarantee to the facility as additional credit support.