Helping hand: SNGPL enters into loan agreement
The agreement signed with a consortium of banks worth Rs17.70 billion
LAHORE:
Sui Northern Gas Pipelines Limited (SNGPL) has entered into a loan agreement worth Rs17.70 billion with a consortium of banks. Bank Alfalah Limited, UBL, HBL, ABL, Askari Commercial Bank, Dubai Islamic Bank, Meezan Bank and Faysal Bank are a part of the consortium. According to the agreement, the loan will be repaid in a time span of seven years. SNGPL managing director signed the agreement on behalf of the company.
Published in The Express Tribune, May 9th, 2015.
Sui Northern Gas Pipelines Limited (SNGPL) has entered into a loan agreement worth Rs17.70 billion with a consortium of banks. Bank Alfalah Limited, UBL, HBL, ABL, Askari Commercial Bank, Dubai Islamic Bank, Meezan Bank and Faysal Bank are a part of the consortium. According to the agreement, the loan will be repaid in a time span of seven years. SNGPL managing director signed the agreement on behalf of the company.
Published in The Express Tribune, May 9th, 2015.