Eastern Bank Limited (EBL) has successfully raised Tk 1,200 crore in the form of syndicated term loan for Banglalink Digital Communications Limited, a prèss release said Wednesday.
A total of 17 banks participated in the landmark syndication
A signing ceremony to this effect took place today at The Westin, Dhaka. Mohd. Humayun Kabir, Executive Director, Bangladesh Bank graced the occasion as special guest.
The loan facility will be utilized by Banglalink for meeting up its capital expenditure, spectrum acquisition and 4G network modernizations.
The other participating banks are: Brac Bank Limited, Bank Asia Limited, The City Bank Limited, Commercial Bank of Ceylon PLC, Dhaka Bank Ltd., Dutch Bangla Bank Limited, Habib Bank Limited, Jamuna Bank Limited, Meghna Bank Limited, NCC Bank Limited, Mutual Trust Bank Limited, ONE Bank Limited, Prime Bank Limited, Trust Bank Limited, Mercantile Bank Limited, United Commercial Bank Limited.
