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This announcement appears as a matter of record only

SYNDICATED TERM LOAN
LKR 2,650 MILLION


FOR

&

CENTRAL HOSPITALS (PVT)
LIMITED


ARRANGER AND FACILITY AGENT

CORPORATE FINANCE DIVISION

PARTICIPANT BANKS

 
   
 
         
 
 
       

JUNE 2008

 
 

 


SAMPATH BANK RAISES RS. 2,650 MILLION FOR
ASIRI CENTRAL HOSPITALS

Sampath Bank PLC successfully concluded the raising of Rs. 2,650 Mn for Asiri Central Hospitals on 12 June 2008. The fund raising was done to finance the relocation project of the Asiri Central Hospital (Formerly Asha Central Hospital) and subscribed by Sampath Bank PLC, Bank of Ceylon, National Savings Bank, Hatton National Bank PLC, Commercial Bank of Ceylon PLC and National Development Bank PLC.

The signing ceremony was held at the Sampath Centre with the representatives of the respective Banks and Mr. Asoka Pathirage, Chairman of Asiri Group of Hospitals.

Speaking at this occasion, the Managing Director/Chief Executive Officer of Sampath Bank PLC Mr. Anil Amarasuriya stated that this was the largest syndication facility arranged by Sampath Bank, which showed the confidence placed by the subscribers on the project as well as the Asiri Group of Hospitals.

The proposed project envisages the construction of a 250 bed hospital facility on Norris Canal Road. This would replace the existing Asiri Central Hospital at Horton Place, which was taken under the wings of the Asiri Group of Hospital in year 2007. The new facility is capable of catering to a vast range of patients’ needs ranging from channeling, OPD, general care to specialized tertiary care. The specialties would include general medicine & surgery, paediatrics, gynaecology & obstetrics, orthopedics, ophthalmology, urology, nephrology, psychiatry, neurology, plastic surgery etc. The 14 storied building would comprise of over 200 patient rooms, 10 theatres, an ICU, Emergency Treatment Units, a Cardiac Care Unit, 80 channeling rooms, a food court, a shopping mall, Apartments for health tourism, a laundry, a kitchen and a car park for 350 vehicles. The best and the latest diagnostic facilities such as CT & MRI would also be installed.

Since the site is located in close proximity to the National Hospital of Sri Lanka which is visited by over 10,000 visitors on a daily basis in addition to its large staff and the residents in the neighborhood, the new hospital would definitely become a centre of attraction for a large number of patients. Furthermore, since the new hospital would be situated within a distance less than 2 kilometers, loyal clientele of Asha Central Hospital would also be automatically attracted to the new hospital. This hospital would become the flagship hospital of the group, and is scheduled to be completed in March 2009.

 

 

 
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