Online Desk: A “Financial Closure Ceremony” of the Syndicated Term Facility of Tk 5,000 million for Ananta Real Estate Limited was held recently at a hotel in the capital, said a press release.

The project named ‘Ananata Terraces’ will be the first-ever LEED Platinum Certified Gated Community under the residential category in Bangladesh. Spanning over 43 Bighas of land at 100-ft Madani Avenue, this would be a luxury branded residential apartment for which they have engaged many globally reputed consultants.

Dhaka Bank PLC is the lead arranger and agent of this transaction where Al-Arafah Islami Bank PLC, Bengal Commercial Bank PLC, Mutual Trust Bank PLC, NRB Bank Limited, Prime Bank PLC, Pubali Bank PLC, Shahjalal Islami Bank PLC and Social Islami Bank PLC are the participants.

Emranul Huq, managing director and CEO of Dhaka Bank PLC; Sharif Zahir, managing director of Ananta Group and Ananta Real Estate Limited; Asif Zahir, deputy managing director of Ananta Group were present in the programme.

Farman R Chowdhury, managing director of Al-Arafah Islami Bank PLC; Mosleh Uddin Ahmed, managing director of Shahjalal Islami Bank PLC; Md. Shakir Amin Chowdhury, managing director and CEO of NRB Bank Limited; Md. Khalid Mahmood Khan, additional managing director of Mutual Trust Bank PLC; Faisal Rahman, additional managing director of Prime Bank PLC.; Md. Shahnewaz Khan, deputy managing director of Pubali Bank PLC; K. M. Awlad Hossain, deputy managing director of Bengal Commercial Bank PLC and Md. Towhid Hossain, EVP and head of investment risk management of Social Islami Bank PLC along with other senior officials of the respective organisations were also present in the programme.