ICTSI secures $750-M loan from Metrobank

By The Manila Times

Sep 01, 2023 12:24 am

INTERNATIONAL Container Terminal Services Inc. (ICTSI), the world's largest independent terminal operator, has secured a $750-million (approximately P42.5-billion) loan from Metropolitan Bank & Trust Co. (Metrobank) to further expand its port operations worldwide.

It is the biggest credit facility secured by ICTSI and the largest bilateral facility extended by Metrobank.

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