GDC closes landmark USD 100m debt financing

Business Report :

Green Delta Capital Limited (“GDC”), one of Bangladesh’s premier investment banks, has successfully closed a USD 100 million limited recourse debt financing package for RSGT Bangladesh Ltd. (“RSGTB”), marking a historic milestone in the country’s infrastructure development journey. Green Delta Capital acted as the exclusive Lead Arranger and Advisor to the Transaction for the project, which involves the construction of a state-of-the-art container terminal at the Port of Chittagong.

The terminal, valued at USD 170 million and developed under a 22-year concession agreement, is the first private sector-led port initiative in Bangladesh to be executed under the Public-Private Partnership (PPP) modality. This landmark project underscores the government’s commitment to mobilizing private capital for strategic infrastructure and demonstrates Bangladesh’s readiness to attract international investment in critical sectors, says a press release.

The debt financing was mobilized from a distinguished consortium of financiers that includes Bangladesh Infrastructure Finance Fund Limited (BIFFL), the Islamic Corporation for the Development of the Private Sector (ICD), , Infrastructure Development Company Limited (IDCOL), and Pubali Bank PLC. The inclusion of both international and domestic development finance institutions, alongside commercial lenders, reflects the strength of investor confidence in the project’s commercial viability and developmental impact.