RIVERSDALE LTD

RIVERSDALE LTD



In 2016, FEB signed a 4 year US$ 35 million Secured Convertible Murabaha Facility with Riversdale Ltd, a holding company established in Malta, which will consolidate the operating assets of Alameda Group and finance capital requirement of these assets. Alameda Hospital network is a major private sector healthcare player in Egypt, which includes 4 key facilities in Cairo, including: As Salam International Hospital, Katameya International Hospital, Dar Al Fouad – 6th of October Hospital and Dar Al Fouad – Nasr City. FEB is acting as the Investment Agent and the Security Trustee under this Murabaha financing. In late 2017, Alameda Group completed a merger with Emirates Hospital Group, a leading global healthcare provider in the UAE.