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Globe Telecom, Inc. Signs USD 75 Million Term Loan Facility With The Bank of Tokyo - Mitsubishi UFJ, Ltd.


Wednesday, 6 Mar 2013 07:00pm EST 

Globe Telecom, Inc. announced that it has signed a USD 75 million term loan facility with The Bank of Tokyo - Mitsubishi UFJ, Ltd. (Singapore branch) as lender. Proceeds of the loan will be used to finance 2013 capital expenditures, of which USD 450 million to USD 500 million has been earmarked for Company's ongoing network modernization and transformation program, and investments in fixed line, international cable facilities, and IT infrastructure. 

Company Quote

1754.0
4.0 +0.23%
29 Jan 2015