Kazi Grand Parents' $26 million five-year term loan has been signed via sole mandated lead arranger and bookrunner HSBC Bangladesh.
Bank Asia, BRAC Bank, Commercial Bank of Ceylon, Dhaka Bank, Dutch Bangla Bank, Eastern Bank, ICB Islamic Bank, International Finance Investment Commerce Bank, Mercantile Bank, Mutual Trust Bank, National Bank, One Bank, Prime Bank, Pubali Bank, Shahjalal Islami Bank, Southeast Bank, The City Bank, Trust Bank and United Commercial Bank joined as lenders.
Proceeds are for general corporate purposes.
Pacific Century Premium Developments' three-year dual currency facility via special purpose vehicles Beijing Jing Wei House Land Estate Development and Pride Pacific was completed last week.
The debt package was divided...