Biman signs deal with EBL Thursday on syndicated loan

4:57 am May 6, 2010| Last Modified: 4:57 am May 6, 2010

Dhaka, Bangladesh (BBN)- The state-run Biman Bangladesh Airlines will sign an agreement with Eastern Bank Limited (EBL) on Thursday, officials said.

Under the syndicated ‘US Dollar Term’ loan agreement, the national flag carrier will receive US$114.49 million as per-delivery payment financing for purchasing two Boeing 777-300ER aircraft from its manufacturer Boeing.

BBN/SS/SI/AD-06May10-10:58 am (BST)

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Biman signs deal with EBL Thursday on syndicated loan

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