Salud Negotiating Financing Package

Peruvian healthcare holding company Grupo Salud is negotiating a financing package with the IFC and German development institution DEG. The package would fund a 140-bed hospital in Lima to be known as Clinica Delgado. The project is estimated to cost a total $70m. Out of that amount, the IFC will provide about $25m and DEG $15m. Grupo Salud CEO Aristides de Macedo declines to disclose terms or where the remaining $30m would come from. Delgado will be the first hospital in the country to partner with an international operator, US-based American Hospital Management.