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Banglalink bonds issued
Orascom-owned Banglalink has raised US$102m via a corporate bond issue.
Citibank acted as placement agent and lead arranger.
The figure is substantially higher than the amount of US$60.5m announced in December. This is due to a strong interest from…
Orascom-owned Banglalink has raised US$102m via a corporate bond issue.
Citibank acted as placement agent and lead arranger.
The figure is substantially higher than the amount of US$60.5m announced in December. This is due to a strong interest from investors.
Banglalink is Bangladesh’s second largest mobile operator by subscribers. It will use the proceeds of the bond sale on network expansion, primarily in rural Bangladesh.
