ECONOMYNEXT - ODEL Plc, said had raised reached a deal with three banks to raise 5.4 billion rupees to build a mall in Sri Lanka's capital Colombo.
The building will be constructed by Odel Properties One (Pvt) Ltd, a fully owned subsdiary of ODEL the firm said in a stock exchange filing.
Hatton National Bank, Sampath Bank and the Bank of Ceylon has each committed 1.8 billion rupees for the syndicated loan.
The stock closed 24.10 rupees, unchanged.
The building will be constructed by Odel Properties One (Pvt) Ltd, a fully owned subsdiary of ODEL the firm said in a stock exchange filing.
Hatton National Bank, Sampath Bank and the Bank of Ceylon has each committed 1.8 billion rupees for the syndicated loan.
The stock closed 24.10 rupees, unchanged.
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