BOC goes for USD 130m two-year syndicated loan
Bank of Ceylon announced the close of syndication
of its USD 130 million two year syndicated term loan facility. The
facility was well received by geographically diversed banks from the
market, with 14 from Europe, the Middle East, India and Asia
committing to the deal, resulting in an over subscription ad the
facility being up-sized from USD 75 million to USD 130 million.
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Rubber development project for Moneragala
The Society of Rubber Industries of Sri Lanka is
in the process of getting funds from multilateral agencies through
the Government for the Moneragala district rubber development
project.
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