MACL takes USD 40M loan to refinance VIA's terminal

11 hours ago

Maldives Airports Company Limited (MACL) has taken a USD 40 million (MVR 618 million) syndicated loan from Sri Lankan banks to refinance a portion of the capital expenditure incurred to build the new international passenger terminal at the Velana International Airport (VIA). Sri Lankan newspapers report that NDB Investment Bank Limited (NDBIB) acted as the exclusive financial advisor and arranger to