Globe inks P20-B loan deal with BDO

By The Manila Times

Dec 09, 2023 12:33 am

GLOBE Telecom signed a P20-billion term loan facility with BDO Unibank Inc. on Thursday to partly finance its capital expenditures (capex) and debt refinancing.

'The loan shall be used to finance the company's capital expenditures (capex), debt refinancing and/or general corporate requirements,' Globe said in a statement.

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