KUALA LUMPUR: IHH Healthcare Bhd is looking to further reduce its non-Turkish lira foreign currency debt for its 90%-owned subsidiary Acibadem to mitigate the overall effects of foreign currency fluctuations on the group.
“Of the remaining US$420mil non-Turkish lira borrowings, we are looking to refinance another US$250mil with a view to swap at least half or more of this into lira (debt) to reduce non-Turkish lira exposure.
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