Creative Paper Mills to get Tk 989m syndicated loan
Sunday, 2 September 2007
A signing ceremony for syndicated multi credit facility of Tk 989 million in favour of Creative Paper Mills Ltd organised by the Dhaka Bank was held at a city hotel recently, said a press release.
The proposed project is a paper manufacturing unit. It will have an annual production capacity of 42,000 tonnes of different kinds of paper like newsprint, offset paper and poster paper etc.
A total of eight banks/Fl including seven banks and one F1 under the lead arrangement of Dhaka Bank Ltd took part in the syndication.
Creative Paper Mills Ltd Chairman Hasanul Morshed and Managing Director Tabibul Huq, Dhaka Bank Limited Managing Director Shahed Noman, Dutch-Bangla Bank Limited Managing Director Md Yeasin Ali, Eastern Bank Limited Managing Director Ali Reza Iftekhar, First Security Bank Limited Managing Director AAM Zakaria, NCC Bank Limited Managing Director Md Nurul Amin, The Premier Bank Limited Managing Director Abu Haniff Khan, Uttara Bank Limited Consultant Shaikh Aminuddin Ahmed and Union Capital Limited Managing Director Mohammad Hafiz Ahmed were present in the signing ceremony.
The proposed project is a paper manufacturing unit. It will have an annual production capacity of 42,000 tonnes of different kinds of paper like newsprint, offset paper and poster paper etc.
A total of eight banks/Fl including seven banks and one F1 under the lead arrangement of Dhaka Bank Ltd took part in the syndication.
Creative Paper Mills Ltd Chairman Hasanul Morshed and Managing Director Tabibul Huq, Dhaka Bank Limited Managing Director Shahed Noman, Dutch-Bangla Bank Limited Managing Director Md Yeasin Ali, Eastern Bank Limited Managing Director Ali Reza Iftekhar, First Security Bank Limited Managing Director AAM Zakaria, NCC Bank Limited Managing Director Md Nurul Amin, The Premier Bank Limited Managing Director Abu Haniff Khan, Uttara Bank Limited Consultant Shaikh Aminuddin Ahmed and Union Capital Limited Managing Director Mohammad Hafiz Ahmed were present in the signing ceremony.