Published by
Daily Financial Times
Daily Financial Times
Raises $ 8 m facility to further strengthen its dollar funding on top of $ 15 m obtained in May 2021LB Finance PLC (LBF) recently secured a $ 8 million facility for the purpose of driving the company›s support to Sri Lanka›s micro and SME sector. Funded by multiple funds managed under the stewardship of the responsAbility Investments AG, a Swiss-based impact investor with a vision to develop micro and SMEs. Alpen Capital, a financial advisory firm based in Dubai was the lead arranger of the deal. The $ 8 million from responsAbility Investments AG is the second dollar facility obtained by LBF t…