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Philippine Long Distance Telephone Company Signs USD 300 Million Club Loan


Sunday, 3 Feb 2013 07:00pm EST 

Philippine Long Distance Telephone Company announced that it has signed a five-year USD 300 million (approximately PHP 12 billion) Club Loan with Australia and New Zealand Banking Group Limited, Bank of Tokyo-Mitsubishi UFJ, Ltd., Mizuho Corporate Bank, Ltd., and Sumitomo Mitsui Banking Corp. The proceeds from the facility will be used to refinance Company's existing debt and fund capital expenditure. As of February 1, 2013, no drawdowns have been made under the facility. 

Company Quote

75.83
-0.41 -0.54%
4:03pm EDT