NDBIB Secures US$ 40 Mn Syndicated Loan for Maldives Airport 📈

NDB Investment Bank (NDBIB) has successfully acted as the Exclusive Financial Advisor and Arranger for a US$ 40 Mn syndicated loan facility for the Maldives Airport Company Limited (MACL). This transaction underscores the growing regional footprint of Sri Lanka’s financial services sector. • Overall Figures & Structure • Total Facility: US$ 40 Mn • Tenure: 5-year syndicated loan. • Purpose: To refinance capital expenditure for the new state-of-the-art passenger terminal at Velana International Airport. • Key Participants • Lead Bank & Facility Agent: Hatton National Bank PLC (HNB). • Other Lead Banks: Nations Trust Bank PLC (NTB) and Habib Bank Limited (Maldives). • Legal Advisors: FJ&G De Saram (Sri Lanka) and SHC Law and Tax LLP (Maldives). • Strategic Impact • The project supports the Maldives’ largest employer and vital tourism infrastructure, aiming for a total capacity of 7.5 Mn passengers annually. • For NDBIB, this follows previous successes in the Maldives, including the IPOs of Ooredoo Maldives and Maldives Islamic Bank, reinforcing Sri Lanka’s role as a regional hub for investment banking. • Market Context • The financing was secured despite a challenging market environment, showcasing the resilience of Sri Lankan banks in cross-border debt capital markets. _Note: Summary based on reports as of February 11, 2026._