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January 12, 2010updated 12 Apr 2017 4:28pm

SG Equipment Finance in ?30m hospital deal

SG Equipment Finance (SGEF) will lead the largest leasing operation in Spains private health sector, it has been announced. Vinalop Salud, which manages the regional health department, is overseeing the construction of the hospital now at its final stage and has awarded the contract to SGEF.

By Antonio Fabrizio

SG Equipment Finance (SGEF) will lead the largest leasing operation in Spain’s private health sector, it has been announced.

The company will finance all of the equipment of Vinalopó Hospital, which is being built in the Alicante province in eastern Spain. Vinalopó Salud, which manages the regional health department, is overseeing the construction of the hospital – now at its final stage – and has awarded the contract to SGEF.

The syndicated deal is worth €30.3 million and is being supported by a number of national and international financial institutions.

The contract includes the financing of equipment in the areas of diagnostic imaging, nuclear medicine, radiation, ventilation and anaesthesia, monitoring and other clinical equipment, as well as the entire furniture.

Philips, as technology partner, will provide the health centre with the most advanced equipment.

Vinalopó Salud said the operation “demonstrates the confidence of the financial world in the health sector, even at a time of shortage of liquidity in the markets”.

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