Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 548 Sun. December 11, 2005  
   
Business


IIDFC to raise syndicated loan for Pran Group
Picture

Amjad Khan Chowdhury, chief executive of Pran Group, and Mahmood Malik, managing director of Industrial and Infrastructure Development Finance Company (IIDFC) Ltd, sign a memorandum of understanding (MoU) on Thursday in Dhaka. Under the MoU, IIDFC will raise syndicated loan facilities for Pran Exports Ltd and RFL Plastics Ltd. Md Eleash Mridha, executive director of Pran Group, M Matiul Islam, IIDFC chairman, Proshanta K Halder, IIDFC vice-president, and K Shafiqur Rahman, head of Structured Finance of IIDFC, among others, were present at the signing ceremony. Photo: Pran Group