Sampath Bank leads CEB’s syndicated loan facility
View(s):Sampath Bank has successfully led a landmark syndicated loan of Rs. 33.5 billion for the Ceylon Electricity Board (CEB), together with Nations Trust Bank and Pan Asia Bank. This significant funding facility will cushion the debt restructure of CEB and support its ongoing operations, ensuring the continued delivery of reliable power to the nation, the bank said in a media release.
The syndicated loan highlights the collective strength of Sri Lanka’s banking sector in supporting nationally important institutions. By taking the lead role in this initiative, Sampath Bank reaffirms its commitment to promoting sustainable growth and contributing to the country’s long-term economic development.
From left - Nihal Fernando, Finance Manager (SM&BSO) – CEB; Wasantha Edussuriya, General Manager – CEB; Asanka Palamakumbura, Director – CEB; Saliya Jayasekera, Vice Chairman – CEB; Sanjaya Gunawardana, Managing Director & Chief Executive Officer – Sampath Bank; Lakshan Wanniarachchi, Vice President – Structured Finance and Institutional Banking – Nations Trust Bank; Gayanath De Silva, Deputy General Manager – Credit – Pan Asia Bank; and Kusal De Silva, Assistant General Manager Corporate Finance – Sampath Bank.
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