Agreement for largest syndicated loan for GPH Project signed

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Chittagong Bureau :
GPH Ispat Limited signed a Syndicated Term Loan agreement of USD 154.00 Million with United Commercial Bank Limited (UCB) as lead arranger alongwith 11 other banks at a hotel in Dhaka recently for GPH extended project in Chittagong..
 Mohammed Jahangir Alam, Managing Director of GPH Ispat Limited and . Muhammed Ali, Managing Director of United Commercial Bank Limited and financiers signed the Financing Agreement on behalf of their respective organizations.
Among others, Additional Managing Director of UCB Mr. M Shahidul Islam, Deputy Managing Directors of UCB Mr. Md. Tariqul Azam, Mr. Mohammad Shawkat Jamil and Mr. Md. Sohrab Mustafa; Chairman of GPH Ispat Limited Mr. Alamgir Kabir, Additional Managing Director Mr. Almas Shimul, Director Mr. Hajee Abdur Rouf, Md Ashrafuzzaman, Mr. Abdul Ahad, CFO Mr. Kamrul Islam FCA, Media Advisor Mr. Osman Gani Choudhury, General Manager Mr. Saroj Kanti Chakroborti GPH were present the occasion. The participating financiers were AB Bank Limited, Basic Bank Limited, Jamuna Bank Limited, Mercantile Bank Limited, Mutual Trust Bank Limited, One Bank Limited, Premier Bank Limited, Pubali Bank Limited, Southeast Bank Limited, The City Bank Limited, Trust Bank Limited and United Commercial Bank Limited.
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