Finance & Projects
Finance & Security
Lender-side and borrower-side finance documentation, security packages and enforcement strategy under Bangladeshi law.
- Chambers Global 2026 · Band 1, Corporate & Finance
- Chambers Asia-Pacific 2026 · Ranked, Projects & Energy
- The Legal 500 · Tier 1, Banking & Finance
A Bangladeshi security package is assembled from several statutes at once: mortgages and charges under the Transfer of Property Act and the Companies Act, hypothecation and pledge over movables, assignment of receivables and project agreements, and account control arrangements with local banks. Registration and perfection steps are formal and unforgiving.
We prepare and negotiate security on syndicated, bilateral and project financings, advise on perfection and priority, deliver lender's legal opinions in the form international lenders expect, and act on enforcement when facilities go wrong.
How we help
- Security structuring, creation, registration and perfection
- Mortgages, charges, hypothecation, pledge and assignment
- Account bank, escrow and cash waterfall arrangements
- Lender's legal opinions and conditions precedent management
- Guarantees, sponsor support and country risk insurance interfaces
- Security enforcement and recovery proceedings
Representative matters
- Acted for the European Investment Bank as Lender's Counsel on the SASEC Road Connectivity Project.
- Acted for China Exim Bank on the Khulna coal-fired power project financing.
- Advised Sinosure in connection with three coal-fired independent power projects.
Mandates in this practice
IFC and Excelerate Energy · Transaction counsel
Floating storage and regasification LNG terminal at Maheshkhali — the country's first LNG terminal, including PPP transaction advisory, project development and permitting
European Investment Bank · Lender's counsel
Financing of a SASEC road corridor project
Sinosure and China Exim Bank · Lenders' counsel
Coal-fired independent power projects and related export credit cover
Asian Development Bank · Lender's counsel
Limited-recourse syndicated financing
Case studies
Recent changes in the law
Higher threshold for repatriating capital without prior approval
Bangladesh Bank raised the value above which the repatriation of capital needs its prior approval, as reported in the US State Department's 2026 Investment Climate Statement. Exits and share sales below the new threshold can be remitted through an authorised dealer bank.
Our writing on this
- Security for non-recourse infrastructure finance in Bangladesh
A limited-recourse lender in Bangladesh is relying on a security package assembled from several statutes and on risk cover that sits outside the package entirely. Both need to be designed together.