44118
MCS (MONGOLIA) LLC
Jun 30, 2020
Mongolia
East Asia and the Pacific
B - Limited
Active
Jun 12, 2021
Regional Industry - MAS Asia & Pac
Tourism, Retail and Property
Approved : Nov 20, 2020
Signed : Dec 9, 2020
Invested : Mar 2, 2021
other
IFC is providing support to a number of MCS businesses that have been negatively impacted by the Covid-19 pandemic and associated economic disruption. This includes funds for (i) recapitalizing MCS’ hospital subsidiary Intermed, (ii) working capital and liquidity support to MCS’ property and construction businesses, (iii) long term strategic digital investments and (iv) maintenance capital expenditure in MCS’ fast moving consumer goods (FMCG) and information and communication technology (ICT) subsidiaries. Once complete, the IFC financing will enable MCS to restructure its financial liabilities so that the average maturity of its debt repayments will be significantly extended.
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For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
Shangri-La Ulaanbaatar Center 24th floor, Olympic street, Sukhbaatar District-1, Ulaanbaatar 14241, Mongolia