Russia’s MD Medical mulls share sale and loans to finance new hospitals

Russia hospital_fotolia_230x150
By Aidan Gregory
15 Feb 2017

MD Medical Group, the Russian private hospitals group that specialises in paediatric and maternity care, will consider a share sale on the London Stock Exchange to partly finance the opening of 10 new medical facilities across Russia over the next three years.

"We’ll think about it,” said Dr Mark Kurtser, founder and CEO of MDMG, at the company’s strategy day in London on Tuesday morning.

Another spokesperson added that any share sale would be subject to market conditions and that MDMG had not committed to any equity deal.

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