Sharenet Sites 
Sharenet Sites
Implementation Of The Comprehensive Refinancing Of The Group’s Debt And The Acquisition Of The Minority Interests
Mediclinic International Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1983/010725/06)
ISIN: ZAE000074142
Share Code: MDC
(“Mediclinic” or “the Company” or “the Group”)
IMPLEMENTATION OF THE COMPREHENSIVE REFINANCING OF THE GROUP’S
DEBT AND THE ACQUISITION OF THE MINORITY INTERESTS IN EMIRATES
HEALTHCARE HOLDINGS LIMITED (“EMIRATES HEALTHCARE”)
- Successful completion of the comprehensive, elective refinancing
of the Group’s debt (“refinancing”), with new long-term, committed
debt facilities across the Group’s platforms
- ZAR5.0bn rights offer (“rights offer”) oversubscribed and
implemented
- Taken advantage of attractively priced capital markets and Group
in a position of strength with long-term and low-cost committed
finance, resulting in significant annual savings in financing
costs
- Swiss interest rate swap restructured and blended fixed cost of
the new Swiss debt funding is c.2.3%
- Increased effective shareholding in Emirates Healthcare to 100%
(“Emirates Healthcare acquisition”) in line with the Group’s
strategy to invest in attractive growth and development
opportunities
- Proceeds raised in South Africa and remitted offshore were
hedged at ZAR8.57/CHF (value ZAR6bn) and ZAR8.31/USD (value
ZAR1bn)
1. Refinancing and rights offer
Mediclinic shareholders are referred to the announcements released
on SENS on 1 August 2012, 24 August 2012 and 31 August 2012, as
well as the circular to shareholders dated 17 September 2012,
which related to the refinancing and rights offer. Mediclinic
shareholders are advised that all conditions precedent related to
the refinancing have been fulfilled, and therefore, the
refinancing transactions have become effective.
2. Emirates Healthcare acquisition
Additionally, further to the announcements released on SENS on 27
August 2012, 18 September 2012 and 16 October 2012, as well as the
circular to shareholders dated 18 September 2012, Mediclinic
shareholders are advised that all outstanding conditions precedent
relating to the acquisition of the minority interests in Emirates
Healthcare have now been fulfilled, and accordingly, the
transaction is now effective.
Stellenbosch
17 October 2012
Joint financial adviser and sponsor to Mediclinic
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
Joint financial adviser to Mediclinic
Greenhill & Co. International LLP
Legal adviser to Mediclinic
Cliffe Dekker Hofmeyr Inc.
Communication adviser to Mediclinic
CapitalVoice (Pty) Ltd
Date: 17/10/2012 01:08:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
