AbaCore to utilize P500-M credit line

By Brix Lelis

Nov 23, 2023 12:25 am

ABACORE Capital Holdings Inc. said on Wednesday that it planned to avail of a credit facility of up to P500 million from the Philippine Business Bank to boost its investment portfolio and operations.

The listed holding company told the stock exchange that its board of directors approved the availment of the credit line to 'further build its investment portfolio, develop its properties, provide additional funding for its current projects and augment working capital.'

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