Corporate Announcement
Security Code : 511243    Company : CHOLAFIN    
 
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseDownload PDF Download XBRL
  Exchange Received Time  29/05/2019 16:23:51         Exchange Disseminated Time   29/05/2019 16:23:53              Time Taken   00:00:02
We wish to inform you that the company has entered into agreements to raise $222 million debt funds in the form of US dollar bonds from International Finance Corporation (IFC) ($92 million), First Abu Dhabi Bank ($50 million), MUFG Bank Ltd ($50 million), National Bank of Ras Al-Khaimah PJSC ($20 million), and CTBC Bank Co., Ltd ($10 million). The debt raising is being anchored by IFC. A press release in this regard being released is enclosed.
 

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