$6.3b of these claims are by banks that loaned to previous management Published: April 08, 2021 17:42 By July, the adjudication process on creditor claims against NMC will kick off. Total claims against hospital operator are at $6.4b. Image Credit: Gulf News
Dubai: Total creditor claims against Abu Dhabi hospital operator NMC Healthcare is now at $6.4 billion, of which $6.3 billion are what it owes banks. Creditors have until end of this month to file their claims.
“We believe there are 10 main financial creditors who are yet to claim which might, if submitted, add a further $650 million to the claims total based on the companies’ records,” said a report from Alvarez & Marsal, which is overseeing the process.
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