JKH in US$395 mln debt financing deal with Standard Chartered Bank for its waterfront project

Business

John Keells Holdings (JKH) said on Thursday that it has finalized its funding strategies for the mega waterfront project in Colombo. In a statement to the Colombo Stock Exchange, the company said: “the project company, Waterfront Properties Pvt Ltd, a subsidiary of the company, has finalized a syndicated project development facility amounting to US$395 million with Standard Chartered Bank, thus concluding the required debt financing of the project”.

Comments

Still No Comments Posted.

Leave Comments

Most Reviews

June 29, 2024

- 818 - 0

Israeli Tourist found safe after three-day search in Trincomalee

Tamar Amitai, a 25-year-old Israeli tourist who went missing in Uppuveli, Trincomalee, was found safe after a three-day joint search operation today.

June 28, 2024

- 405 - 0

Former MP Hirunika taken to Welikada Prison

June 26, 2024

- 315 - 0

Chris and Mahela resign

June 28, 2024

- 314 - 0

Former MP Hirunika Premachandra sentenced to three years RI

The Colombo High Court today (28) sentenced former parliamentarian Hirunika Premachandra to three years of Rigorous Imprisonment over charges of the involvement of an abduction.

June 26, 2024

- 186 - 0

All bilateral loans postponed until 2028; President

In his special statement, President Ranil Wickremesinghe announced that debt restructuring agreements will postpone all bilateral loan payments to foreign countries until 2028. Additionally, Sri Lanka will have until 2043 to repay these loans on concessional terms.

June 25, 2024

- 158 - 0