Banglalink raises $102 million through corporate bond issue (Bangladesh)
April 15, 2010
Bangladesh-based oper ator Banglalink, which is controlled by Egypt's Orascom Telecom, has raised $102 million through the country's largest corporate bond issuance. The amount is significantly higher than the target of $60.5 million announced in December 2009. The transaction has broken the national record of $70 million recently set by mobile operator GrameenPhone.Banglalink plans to use the proceeds of its bond sale for network rollout, mainly in rural Bangladesh.
Share:
- Most Viewed
- Most Rated
- Most Shared
- Related Articles
- Rush for Funds - 3G and BWA auctions spur the demand for finance
- MTNL posts its results for the first quarter of financial year 2012-2013
- Margins Under Pressure - Bharti and Idea announce fourth quarter results
- Financial briefs of March 2011
- Sterlite Technologies announces results for fiscal year 2010-11
- Sify Technologies Limited reports third quarter results for 2010-11
- RCOM posts consolidated net profit of Rs 1.02 billion for the quarter ended September 2012
- Spice Group plans to raise $ 1 billion through overseas listing of Spice Global
- Spice Mobility Limited plans to transfer 47 million shares to two independent non-promoter trusts
- GTL Limited reports 26 per cent fall in profit for the quarter ended December 2010
No Most Rated articles exists!!
| Your cart is empty |
