Bangladesh - Investment in PRAN Dairy Limited and Mymensingh Agro Limited for the Pran Dairy and Bev Project - Approval on Absence-of-Objection Basis - June 29, 2026

Jul 19, 2026

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Board approval on an absence-of-objection basis dated Monday, June 29, 2026 covers investment in Bangladesh’s PRAN Dairy Limited and Mymensingh Agro Limited for the Pran Dairy and Bev Project. The approval authorizes two senior, secured A loans: up to US$15 million to PRAN Dairy Limited and up to US$20 million to Mymensingh Agro Limited. The action references IFC/R2026-0229, dated June 16, 2026.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages1

Reading Time3 min

Approval Summary

Parties and Project Scope

Loan Amounts and Terms

Approval Date and Reference

FAQs

What was approved on the absence-of-objection basis on June 29, 2026?

An investment for the Pran Dairy and Bev Project in Bangladesh covering PRAN Dairy Limited and Mymensingh Agro Limited.

What loan amounts were approved and for which companies?

Up to US$15 million to PRAN Dairy Limited and up to US$20 million to Mymensingh Agro Limited.

What terms and reference information accompany the approval?

Both loans are senior, secured A loans, and the approval references IFC/R2026-0229 dated June 16, 2026.

Jul 19, 2026

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