Friday 19 January 2018
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6 days ago

MPIC taps P8-B syndicated loan facility

Infrastructure holding firm Metro Pacific Investments Corp. (MPIC) has tapped a syndicated term loan facility worth P8 billion partly to trim the debt of its electricity business unit. In a disclosure to the Philippine Stock Exchange yesterday, MPIC said it had signed a 10- and 15-year term loan facility to partially finance the redemption of the outstanding debt of wholly-owned Beacon Electric Asset Holdings Inc. and for other general corporate purposes. BDO Capital Investment Corp. was mandated as arr

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