Dhaka, March 9 -- Community Bank Bangladesh PLC has signed syndication agreements with R.A. Spinning Mills Ltd. and Outpace Spinning Mills Ltd. to arrange BDT 6,500 million through a syndicated financing structure.

Under the arrangement, Community Bank Bangladesh PLC., through its Structured Finance Unit of the Corporate Banking Division, will act as the Facility Arranger, coordinating the syndication process and mobilizing funds from participating financial institutions.

The financing will support the continued growth and operational excellence of R.A. Spinning Mills Ltd. and Outpace Spinning Mills Ltd., both of which are recognized for their state-of-the-art European production machinery, energy-efficient and technologically advanced ...