Beximco Pharmaceuticals Limited secured a €24.9 million loan from the German bank ODDO BHF SE to expand its production capacity, enhancing its presence in both local and export markets. According to the company, Beximco Pharma and the German bank signed an agreement in February to secure the loan for purchasing machinery and equipment by 31 December. The loan will primarily be used for replacing and maintaining machinery, with a portion allocated for expanding the company's manufacturing facility. Additionally, Beximco Pharma has received approval from the Bangladesh Investment Development Authority (BIDA) to obtain the foreign loan. Despite this disclosure, the company declined to make any official comments on the loan agreement. The company also stated that the loan, which will be paid directly to the machinery and equipment suppliers, has an interest rate of 6-month Euribor (Euro Interbank Offered Rate) plus a 1.3% margin. Repayments will be made in half-yearly installments ove