clock December 24,2023
CEB receives Rs. 33.5 b syndicated loan

CEB receives Rs. 33.5 b syndicated loan

Sampath Bank PLC has led a landmark syndicated loan of Rs. 33.5 billion for the Ceylon Electricity Board (CEB), together with Nations Trust Bank PLC and Pan Asia Banking Corporation PLC.

This funding facility will cushion the debt restructure of CEB and support its ongoing operations, ensuring the continued delivery of reliable power to the nation.

The syndicated loan highlights the collective strength of Sri Lanka’s banking sector in supporting nationally important institutions.

Source: The morning

You Must be Registered Or Logged in To Comment Log In?

Please Accept Cookies for Better Performance