LandBank, Pryce ink P1.6-B loan deal

Feb 09, 2023 12:14 am

LAND Bank of the Philippines (LandBank) and Pryce Corp. inked a P1.6-billion loan arrangement to assist the firm's expansion of real estate development and liquefied petroleum gas (LPG) distribution activities.

Pryce Corp. will utilize P1.5 billion of the loan amount to build LPG terminals and refilling stations for its subsidiary, Pryce Gases Inc. (PRYCEGAS).

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