Waterfront Properties Pvt Ltd, a subsidiary controlled by John Keells Holdings (JKH), has signed an agreement with the Standard Chartered Bank for a US$ 445 million syndicated project development facility. The credit line is for the company’s massive waterfront development project on the banks of the Beira Lake and the former headquarters of JKH.

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The Sunday Times Sri Lanka

$445 mln facility from Standard Chartered bank for JKH Beira Lake development

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Waterfront Properties Pvt Ltd, a subsidiary controlled by John Keells Holdings (JKH), has signed an agreement with the Standard Chartered Bank for a US$ 445 million syndicated project development facility.

The credit line is for the company’s massive waterfront development project on the banks of the Beira Lake and the former headquarters of JKH.

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