UDENNA Corp. said it settled on Monday the notice of default it received with a consortium of banks led by BDO Unibank.
"In relation to the various reports recently published, which involved Clark Global City Corp. (CGCC), Clark International Airport Corp. (CIAC) and a consortium of banks led by BDO Unibank, we wish to announce that Udenna Corp. settled the matter today, July 25, 2022, prior to the mandated deadline, and to the satisfaction of the majority lender and the consortium banks," the Dennis Uy-led company said in a statement.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.