5:46 am - Sunday September 24, 2017

Green Delta joins hands with Pran-RFL

Green Delta Capital Limited (GDCL) together with Islamic Corporation for the Development of the Private Sector (ICD) has signed an agreement on Thursday with PRAN-RFL Group under which Green Delta Capital Limited together with Islamic Corporation for the Development of the Private Sector will act as Joint Mandated Lead Arranger to raise up to $35 million Foreign Currency Term Loan for expansion of its cycle project.

press release_GDCL_Pran RFLMd. Rafiqul Islam, Chief Investment Officer of Green Delta Capital Limited and Uzma Chowdhury, Director of PRAN-RFL Group signed the agreement on behalf of their respective organizations.

Through this signing, Green Delta Capital Limited (GDCL) has become the first Investment Bank in Bangladesh to be working jointly with Islamic Corporation for the Development of the Private Sector (ICD) for a private sector financing.

Syed Moinuddin Ahmed, Managing Director of Green Delta Capital Limited; ASA Muiz, Consultant; Farid A. Choudhuri, Senior Additional Managing Director; Nazim Tazik Chowdhury, Deputy Managing Director of Green Delta Insurance Company along with other officials from the organizations were also present in the signing ceremony.


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