NMC Health secures £192m lifeline from lenders

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NMC Health secures £192m lifeline from lenders

By Daily Mail City & Finance Reporter

Published: | Updated:

NMC Health has secured a £192m lifeline from its lenders. 

Lifeline: The scandal-hit hospitals provider was forced into administration in April

The scandal-hit hospitals provider was forced into administration in April after a series of revelations about its finances, including that it had billions of pounds in secret debt. 

Administrators from Alvarez & Marsal said lenders have agreed to a cash injection to help it cover costs as NMC is restructured. 

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