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MTB ARRANGES SYNDICATION TERM LOAN FACILITY OF BDT 3,800 MILLION TO SET UP LPG PROJECTS FOR JMI GROUP

Mutual Trust Bank Limited (MTB) as Lead Arranger and Agrani Bank Limited as Co-Arranger
have successfully completed a syndication deal of BDT 3,800 million in the form of Term
Loan for JMI Industrial Gas Ltd. and its allied concerns to set up LPG projects. A closing
ceremony of this deal was held on Sunday, February 10, 2019 at a local hotel in the capital,
in the presence of all the stakeholders. The event was graced by Nasrul Hamid, MP,
Honourable State Minister, Ministry of Power, Energy & Mineral Resources, Government of
the People’s Republic of Bangladesh as the Chief Guest. Dr. Zaid Bakht, Chairman, Agrani
Bank Limited and Md. Hedayetullah, Chairman, MTB attended the event as the Guests of
Honour.

The event was also attended by Jabed Iqbal Pathan, Chairman and Md. Abdur Razzaq,
Managing Director, JMI Group, Anis A. Khan, Managing Director & CEO, MTB, Mohammad
Shams-Ul-Islam, Managing Director & CEO, Agrani Bank Ltd., S. M. Formanul Islam,
Executive Director & CEO, Bangladesh Infrastructure Finance Fund Limited (BIFFL), Quazi
Shairul Hassan, Managing Director, SABINCO, S. M. Shamsul Arefin, Managing Director,
Uttara Finance and Investments Limited and Md. Khurshed Alam, Deputy Managing
Director, NRB Bank Ltd. along with other senior officials from the organizations involved in
the transaction.

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