StanChart, Durable Plastics sign deal
Alamgir Morshed, Managing Director and Head of Financial Markets of Durable Plastics Limited, (a concern of PRAN-RFL Group) and Maroof Ur Rahman Mazumder, ED and Head of Capital Markets of Standard Chartered Bank, signing an agreement for raising Tk 150 c
Standard Chartered Bank has been mandated for raising Tk 150 crore Zero Coupon Bond for Durable Plastics Limited,Â (a concern of PRAN-RFL Group). The proceeds of the Zero Coupon Bond will be used for further expansion of the company, said a press release.
The mandate was signed at PRAN RFL Center recently in the presence of Uzma Chowdhury, Director (Corporate Finance), Muhammad Sameer Uddin, General Manager (Corporate Finance) of PRAN-RFL Group, Alamgir Morshed, Managing Director and Head of Financial Markets, Maroof Ur Rahman Mazumder, Executive Director and Head of Capital Markets of Standard Chartered Bank and other senior Officials.