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IIDFC, Summit hold 'road show' to raise fund for power plants

Sunday, 4 November 2007


FE Report
Industrial and Infrastructure Development Finance Company (IIDFC) Limited and Summit Group arranged a road show presentation for raising syndicated funds.
Zero coupon bonds would be issued to raise fund for Summit Uttaranchol Power Company Limited and Summit Purbanchol Power Company Limited, concerns of Summit Group.
Senior management personnel from various financial institutions, Summit and IIDFC were present at the programme held at a local hotel recently to discuss details about the projects.
IIDFC is acting as the lead arranger for raising approximately Tk 3.89 billion for four power plants to be installed by Summit in different locations of Bangladesh.