Philrealty secures P3.8-B PBCom loan

By Brix Lelis

Sep 22, 2023 12:24 am

LISTED investment and holding firm Philippine Realty and Holdings Corp. (Philrealty) said Thursday it had secured a P3.8-billion loan from the Philippine Bank of Communications (PBCom) to partially finance the construction of a residential condominium project in Taguig City.

In a filing, Philrealty said it received the letter of advice from PBCom on Wednesday approving its application for a five-year term loan in the amount of P3.8 billion and the renewal of loan lines with the bank amounting to P610 million.

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