Infrastructure Development Company Limited mandated for raising $ 63 million term loan

Infrastructure Development Company Limited has been mandated for raising $ 63 million term loan for a 100mw fuel-fired power project in Chittagong by Acorn Infrastructure Services Unit-2 Limited (AISLII). Mahmood Malik, Executive Director and CEO, and Nazmul Haque, Director (Investment) from IDCOL, Tarique Ekramul Haque, Managing Director, and M Jahangir Alam, Group CEO from AISLII, signed the term sheet on behalf of their respective organisations in Dhaka on Monday.