Seylan Secures a USD 15 Million Term Facility from RAKBANK
Seylan Bank has successfully raised funds in the Middle East by the strength of its banking operations and impressive track record to establish a 15 Million, 5 year US dollar facility from the National Bank of Ras Al Khaimah (RAKBANK) of the United Arab Emirates (UAE). Alpen Capital (ME) Limited, an investment banking advisory firm, also based in the UAE acted as the sole financial advisor to the transaction.
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