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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka hotel gets US$10mn IFC loan

Sri Lanka hotel gets US$10mn IFC loan

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1Sri Lanka hotel gets US$10mn IFC loan Empty Sri Lanka hotel gets US$10mn IFC loan Tue Oct 16, 2012 6:21 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Oct 16, 2012 (LBO) - International Finance Corporation, a World Bank group unit will loan 10 million US dollars to Sri Lanka's Soflogic group to renovate a hotel in the island's South Western beach.

The will be used to renovate and expand Ceysands Hotel, a 66-room hotel in Bentota into a 166 room 4-star resort, Softlogic Holdings Plc said in a stock exchange filing.

The hotel is to be managed by the Centara, a Thailand based leisure brand.

Sri Lanka is going through a tourism boom after the end of a 30-year war and many businesses are getting into tourism.
http://lbo.lk/fullstory.php?nid=1196641621

sriranga

sriranga
Co-Admin
http://www.cse.lk/cmt/upload_cse_announcements/7681350382989_.pdf

Sri Lanka hotel gets US$10mn IFC loan Soft11

http://sharemarket-srilanka.blogspot.co.uk/

3Sri Lanka hotel gets US$10mn IFC loan Empty SHL with IFC Support .. Wed Oct 17, 2012 12:20 am

sanju351

sanju351
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Will there be an Impact on SHL share with the new USD Loan that was just approved by GOSL - and IFC ..

Experts ..please educate us ..


http://www.lbo.lk/fullstory.php?nid=1196641621

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