Telco prices Bangladesh’s first dollar bond

Mobile phone operator Banglalink has raised the nation’s first $300 million five-year note in a bid to shore up funds for refinancing and capital expenditure purposes.

Chien Mi Wong

April 28, 2014

Banglalink Digital Communications sold a $300 million five-year note last Friday — Bangladesh's first dollar-denominated bond — as it looks to grow its business domestically and refinance existing debt.

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