DB Trustees (Hong Kong) Limited Creates Indirect Encumbrance Over Aster DM Healthcare Ltd Shares for USD 145 Million Facility

DB Trustees (Hong Kong) Limited, acting as the offshore security agent, has created an indirect encumbrance over the equity shares of Union Investments Pvt Limited, a promoter of Aster DM Healthcare Ltd. This encumbrance is for the benefit of certain lenders and other finance parties for a term loan facility of up to USD 145,000,000. The shares encumbrance will be immediately released upon completion of conditions stipulated by the lenders. This disclosure is made in respect of the indirect encumbrance created over the shares of Aster DM Healthcare Ltd in favor of the Offshore Security Agent for the benefit of certain lenders and other finance parties under the Facility.